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Technology Stocks : LINK Interlink Electronics PC Imput Devices -- Ignore unavailable to you. Want to Upgrade?


To: Sir Auric Goldfinger who wrote (78)12/10/1999 5:25:00 PM
From: Trader J  Read Replies (1) | Respond to of 97
 
While I agree the stock is waaay ahead of itself, the low margin argument doesn't necessarily apply with new technology offerings. I am more concerned with mass market appeal and implementation. While I would prefer to see an new implementation with healthy margins, at this stage in their game with this new product, margins take a back seat.

Next question one must ask is upon which platform your are trading the position: Value based, Rumor/Hype, or Short. You mention paradigm previously. The true paradigm is this new market pyschology that we are in now ...... you can cling to fundamental valuation methods, but most stocks today will leave you behind while your nose is still in the balance sheet.

I do not think it is necessarily constructive, but I make sure I do not cling to any one tactic so as to take advantage of whatever the markets are offering at the time. Over the past 1 1/2 years, you are starting to see more main stream investment houses give up old fundamental valuation methods for the new paradigm. How long will it last? As a trader, who cares?

Truly an art form.

tJ



To: Sir Auric Goldfinger who wrote (78)12/10/1999 10:14:00 PM
From: Shtirlitz  Read Replies (2) | Respond to of 97
 
"stock waaay ahead of itself.
Time to give up the ghost...."

There are so many stocks way ahead of themselves in this market. It's simply unbeleivable. But as strange as it is, this is the sick reality of the "new paradigm". It all ends sometimes. But it works for now.
Momentum is the keyword.

Maybe LINK does look overbought at this point, however I still consider it a dangerous short.