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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: Jenna who wrote (116991)11/20/2000 12:20:19 PM
From: MrBuzz  Respond to of 120523
 
What makes you think that the optics aren't trading SEVERAL quarters, if not YEARS ahead of themselves and are giving it back?

The 1998-1999 run had the most price appreciation in SDLI... a 900% move ($10 to $100). From 1999 to 2000 you have a 100% move ($100 to $200).

A nice 1900% in two years is asking for quite a lot, don't you think?

What do your fundamentals say now? You know, the same one's you announced last week that said that SDLI was a fat pig? So the technicals now take precedence over the fundamentals? Shouldn't it be the other way, that is the fundamentals are priority #1, followed by the technicals to get you into the trade?

If you feel SDLI is a long here, then why did you denounce it when it's P/E was above and beyond your taste and the fundamentals lured you into the reason for the short recommendation?

Your method is puzzling, and inconsistent.

MrBuzz