You are going to hate my response. I mean no disrespect, I know you are a titan and I am mere ant. So here it is. My feel for the current market conditions and PC sector relegation to second seat. I have stated before around Dec. of last year, that we are in a transition where the PC is no longer driving force in the high tech market as it once was. Until investors come to grips with DELL not growing like it was, earning and stock, and understand where the PC fits in, DELL will be trending sideways at best. That was my thinking in December and it's still my thinking. Because of the my above thinking, I highly leveraged my port. bought what I thought would benefit from the switch, AOL, ATHM in DEC. and later QCOM ( I had to wait till I felt the time was right and the deal on Q3 was going to go QCOMS way). After I had my investments in place I watch DELL to see if my reasoning was correct, it has looked to be like it was, so I paired back my DELL holding from being number one to number three or four depending on the price of ATHM, QCOM both of which could and have pass DELL. I still hold many shares in DELL, too many maybe, this next earning, and more importantly, the market reaction to them will decide for me.
Greg |
