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.
Non-Tech : Invest / LTD
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: SJS who wrote (7554)2/23/1999 4:58:00 PM
From: The Ox  Read Replies (1) of 14427
 
Here's my take SJS, what's your thoughts? I am a little concerned that these communications semi stocks are jumping on the recent good press and will start to slow down soon. I still think for the longer view, that setting a reasonable price target and waiting for the stock to come to you is the best strategy(15% to 30% below the high depending on the stock).

I do like BRCM, but I would be looking for the high 50s (58.5 or lower) to add to a long term position. If you don't have a position in the stock and are looking very long term, then it's easier to add in the low 60s. BRCM looks to have put together a nice base for it's next move but the current valuation is still steep, not that it's a concern these days<g>.

No on VTSS other then to trade. Just a couple of days ago, VTSS traded below 42, so I have a harder time adding after a 20% run in such a short period of time. The momentum is excellent but I'm still a bit cautious about the overall markets at this time. I think we have seen how quickly these stocks can move so it's best to be on the long side at low prices then to be adding after big runs. At the same time, I wouldn't be surprised to see VTSS set a new high soon.

Great call on VRSN, OO7. Excellent trade. Nicely done and I would be looking to take profits at this stage also.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News