Silicon Investor (SI) -- The First Internet Community

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.

Technology Stocks : NOPT: Northeast Optic Network, Inc -- Ignore unavailable to you. Want to Upgrade?

To: Gary E who wrote (660)	4/24/2000 6:54:00 PM
From: gypsees	Respond to of 708

If I were trading NOPT that might be true. But I am investing for the long term. You can't possibly think Fiber Optics are dead. This is a good company in a great industry. For the quarter ended 12/99 they beat analysts expectations by .06 cents. Almost 11% better than expected. They have also been continually expanding their business. It's expensive to do and costs them profitability but I think it is a recipie for success in the long run. Maybe not tomorrow, but instant gratification isn't what I'm looking for. Take a look at most of the stocks traders like and see where they are in relation to where they were. Very few stocks have escaped this crash unscathed and fewer still that haven't taken a beating. I don't want to put my money in low growth stocks that will consistently underperform the technology stocks. I consider these drops buying opportunities once the bottom has been determined. Growth Rates(%) Company Industry Sector S&P 500 Sales(MRQ)vs Qtr.1 Yr.Ago 595.24 29.33 26.85 22.78 Sales(TTM)vs TTM 1 Yr. Ago 555.44 47.19 33.10 22.00 Sales-5 Yr.Growth Rate 76.90 34.96 26.92 20.10