Maarten - Actually, I am not so sure about the techs or the Inets hitting bottom, but I am comfortable with the market now.
I still would not find myself in 90% of the Inets or 75% of the techs right now, but that does not mean that there are not some good values out there. I think PCNTF is one of those. I also like DRIV very much, but DRIV could easily end up in the mid teens if this downturn continues.
PCNTF is profitable, has enormous potential, is very undiscovered, and is very new. Earnings will be out very soon, and I will update the date when I get it. Doesn't have much of an institutional following yet, but I feel it will after earnings.
I also like CPQ and FORE here. DELL as a split play.
And as a good trading issue, I like ABTX right now. But nothing will beat the Inets as the best traders.
I think PCNTF does have a downside, but I think the upside is much, much greater .... and for the first time in a long time, I am willing to be patient to capture that value.
We will see, the next big Inet run will give us some indication of the street following that it has.
Tj |
