SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : MRV Communications (MRVC) opinions?
MRVC 9.975-0.1%Aug 15 5:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Sector Investor who wrote (11964)2/1/1999 11:38:00 PM
From: Jack Colton   of 42804
 
Are you watching this?

wwfn.com

Looks like someone invested $25 US in Russia. No big problems to report, so possibly no interest rate fears. I really can not see Greenspan saying anything other than "Hold the course" and "Steady as she goes" - But something happened this afternoon, and I still haven't put my finger on it.

How long do you think it will be until the Smart Money does it's cyclical shift out of the Comm Tech sector? We've seen this before, in the second half of last year when this sector took over a 30% hit. Since Nov 3, the top 20 that I track are up, as a group, 72%.

I don't want to come out and predict the sky is falling or anything, but it is just when I start to feel pretty good about my high tech investments, on the average, when WHAMMO! The long term holdings get a hair cut. I also seem to recall a nice run up into earnings, and getting that empty feeling within 2 weeks after earnings several times last year.

Oh... it's late, and I already went to sleep once tonight.

I've presented some of my inner thoughts, and I could be way off base.

jtc
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext