Article to support my LOGICAL thinking....
techstocks.com
A fluff stock and a fluff company are not always one and the same. A company can be a perfectly fine business but still have a stock that is incredibly overpriced relative to its value as a business. Some of the fluffiest include Micron Technology (MU), Intel (INTC), Fannie Mae (FNM), and Freddie Mac (FRE), the two taxpayer supported mortgage derivative hedge funds, Novellus (NVLS), Applied Materials (AMAT), all the personal computer boxmakers, but especially Compaq (CPQ), Gateway (GTW) and Dell (DELL), most logic chip makers, all the banks, all of the brokers, but especially Charles Schwab (SCH), all the networking companies and all of the fund management companies. As I said, finding overpriced stocks in this market is shooting fish in a barrel. |
