Hi Guys. Long time no post. It sure looks like the street HATES all large enterprise software stocks, a point I made to justify unloading my very long term hold of CA back in January. Clearly, no regrets for this one-time adamant bull.
I'm out of all software and computer service stocks. Why fight the tape? My guess is things will bottom in the second half of the year and I've promissed myself to resist the temptation of "cheap" prices until Labor Day.
I really like CPWR, the company, but the stock is like poison now. In the meantime, plenty of good movement in banks, telecom, drugs, healthcare, networking, and, although he may have been joshing(?), Joel's pick of the oil patch! Oh, and I really, really, want to short ebay but will wait for a sign of breaking before I dip into those shark-infested waters.
Be well.
BV |
