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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: Junkyardawg who wrote (116751)11/15/2000 8:45:42 PM
From: Jenna  Respond to of 120523
 
CMRC. POS "Gemmers Version" is a parody of the real POS described by 'shorters to the death'. We have fun posting our POS's and EFNT was the first which we relegated as losing its "POS" characteristics when it traded at a higher year high than INTC. Don't take this so seriously. It was trading at 80 at the time and fell to 50 after our posts on the multiples..

Maybe we should qualify our definition of POS. It only means: POS= this stock is trading at a very high multiple and should be knocked back about 30-50% to be a buy. Once it is, only then could be considered seriously as a longer term hold. This is the antithesis of emotion, its putting things in their proper perspective. Can you keep a straight face when its the 'analyst's picks' segment on CNBC. How these analysts come back after 5 to 6 weeks and stuttering explain how come their 'picks' are down 25% and more. So since then we had the answer. Tell the truth. 'My pick was a POS these last 6 weeks, I'm sorry, but I screwed up'.. When did you ever hear that on CNBC?