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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Frederick Langford who wrote (30662)7/27/2000 6:16:04 PM
From: maverick61  Read Replies (2) | Respond to of 57584
 
FRED - on SRTI - I love this company - but am not sure now is the time to be in it.

I have posted about Sunrise Telecom on this thread numerous times, from the day it came public. I've traded it several times from high 30's to 60 - and in and out in between. but right now, not only do we have the poor market sentiment, but I believe we have an oversupply of new issues - which will once again hurt the IPO market, and the afterperformance of some of these issues.

I am waiting to reenter SRTI because I really do like the company a whole lot- but I think now is not the time. I would rather be a bit cautious now. I guess I am trying to practice what Rande preaches - about not falling in love and marrying the stock. Hmmm, guess instead of getting married to it, I guess I will just have several different short term flings with it - lol. Just a different point of view