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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: Jeremy G. Browning who wrote (10336)1/29/1999 8:45:00 AM
From: Sure Thing  Read Replies (1) of 90042
 
"Why buy XYLN now? In my opinion (based on the last few days) XYLN is going no place. At some point in the near future you will be able to get shares in the 18 1/2 range."

Jeremy,

The big money is chasing CSCO, DELL, SUNW, MSFT, INTC, and other large cap stocks to their highest Price Earnings multiples ever. If you buy one of these stocks today and the NASDAQ reverses direction for a few days, POW, your down 10 points with one of these goliaths!

Actually, that's not much worse than XYLN dropping from 21 (where I repurchased) to a level of 19.

To be honest, I was betting on XYLN breaking out above 22. Looks like I should have let DELL ride to 100.

XYLN is still the best value for a networker in the US markets!
- Sure Thing -
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