I can't help myself here. It's not that I'm profitting from everyones
pain. Folks, you need to focus on PE's and growth percentages.
When that gets out of whack, the market will rectify the situation.
Networking stocks became way overvalued. KO is WAY overvalued.
INTC was not a $15 stock two years ago. It was a $50 stock. Is it
an overvalued stock today? Do your homework. Is it's PE justified?
Do your home work. Nothing in the market goes up forever.
Most times, nothing goes down forever. Everything has a cycle.
As for the last two years market growth of 20+%/yr, is it possible to
do it again this year? Well, that will be a first, but.........hey anything
is possible. Records were made to be broken, right? The law of averages
is against that 20% happening.
The folks that are still in this stock; is the company a quality company? Is this company, in the next cycle for networking stock, a strong player? Is this now a buying oppurtunity? DO YOUR HOMEWORK! Don't listen to some talking head and for damn sure; STAY AWAY FROM THE HERD!
As for Cascade, it's not a stock I follow. It's not one I research, but it might be.
Now that all the excess and speculation is taken out of it; it might be a good company that rewards down the road. I'll have to wait and see what my research into it's potential as a company is. I'll have to see what the consumer thinks of its product, not what some analyst thinks. Note the first four letters of analyst, that is a sure fired sign of what these guys are really. |
