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Technology Stocks : Tekelec -- Ignore unavailable to you. Want to Upgrade?


To: stock bull who wrote (1478)4/15/2000 9:39:00 AM
From: John Curtis  Read Replies (1) | Respond to of 1648
 
Stock; the best way I can think of to answer your questions is to re-post the comment I made on Yahoo, where I go by the pseudonym Highlowsel:

Whoosh, were the days leading up to yesterday something else, or WHAT!? I guess it's the inevitable consequence of maximum margining by investors/speculators, combined with all time market highs. A perilous pinnacle which cannot be long stood upon.

So the inflation data yesterday became the proverbial straw breaking the camels back, with everyone trying to find the door at the same time. The consequence, of course, is the inevitable pile-up of bodies at the exit point, the crispy results of the conflagration witnessed Friday. Not pretty. Nope, not pretty at all.

But life goes on.

I say as long as you've managed the margin capabilities of your portfolio appropriately, there amounts to some juicy buys out there. Even so, I advise caution because it's far from certain the crush is over. Be that as it may, excepting the trading aspect of TKLC I've still got, and will continue to hold, this equity as its fundamentals and the industry segment it represents are sound in my view.

So longer term I feel just fine about this equity. And that's the operative statement at this point. Longer term.

Regards!

John~