Glenn, thoughts on planting tulips...
357mag added ATHM to your list
Message 8984102
ATHM and AOL have been fantastic this year, but before buying
would comment that IMO they are both "filling-the-gap" so to
speak from their recent runs. As, evident by the last week's
volatility in these two issues. Both being off their highs,
either seems a good entry, but going in may mean accepting
some more near-term shaking. Before they resume their parabolic
behavior? No big deal. Assuming the market holds, AOL should quickly settle then run into earnings IMO.
Consider adding BRCM to your list. They make the chips that go
into cable modems, digital set-top boxes, routers, and
switches, including chips for xDSL. Count MOT, CSCO, INTC, GIC, and COMS as their customers or investors. (Interesting note is that one way Intel made their quarter this week was by selling BRCM shares they have held since the IPO.) A semiconductor company that has been lumped as internet since IPO and has real earnings. Earnings will be out Tuesday, whisper number is $0.16 or $0.02 above estimates:
earningswhispers.com
Note that the earnings are 4/20 not 4/22 as on earningswhispers.com.
This company is often hyped as the next Intel. Possible. But,
similarities to Cisco are stronger to me.
Other ways to approach tulips are the Internet Mutual Funds. I just
put ~10% of my long term portfolio into them. Half to the well-known
Munder NetNet and half into the slightly more aggressive Monument Internet Fund
cnnfn.com
Please don't ask me how one internet fund can be more aggressive than
another! ;-)
my thoughts,
Waldeen |
