Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

STOCKTALK

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.

Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: dowen who wrote (39257)	5/11/1999 12:21:00 PM
From: Jenna	Read Replies (1) of 120523

My policy is not to hold controversial stocks like CSCO through earnings. I made nearly 2 option points with that one yesterday and got out. There are so many variables in holding a normal stock through earnings, but when you have one that the entire market world is looking at, I become uncomfortable. Personally, we have CSCO and I love that company. WCOM, WDC, CSCO and IBM were the very first technology stocks I ever bought in my life. I got them when I changed over an inheritance from my parents that was full of 'antiquated' stocks like Con Edison, Superior Oil (now British Petroleum), Uniliver, Alcoa (don't laugh I sold that years ago), Minnesota Mining & Manufacturing etc. Of course WDC did well went up to 50 and then tanked. IBM I sold years ago (stupid I know but it had doubled or tripled even then), and still held WCOM and CSCO (since 1996). WCOM I sold and rebought and CSCO is the only original left since then. So I'm not new to CSCO, but as an earnings play I give it 60-40. 60% that it will surge and lead a new tech rally. I'd rather be holding EMC now than CSCO for the next 48 hours.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next