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.

Non-Tech : The Critical Investing Workshop -- Ignore unavailable to you. Want to Upgrade?

To: Dr. Id who wrote (34197)	12/5/2000 12:46:20 AM
From: techguerrilla	Respond to of 35685

QCOM "reflex" to 100 would be cool! Should have never sold any. Then I wouldn't be stuck with that crap JDSU and RMBS. They reek so bad that I don't even follow them anymore. They stench up every room in my house. In fact, I may even have to call a fumigator. Go Qualcomm! Those were the days . . . . /john

To: Dr. Id who wrote (34197)	12/5/2000 6:10:20 AM
From: Poet	Read Replies (2) \| Respond to of 35685

It would be like Vegas if you were playing short term calls or put strategies. Spoken like someone who doesn't know very much about options trading. <g> Sorry, Id, but short term options trading is precisely the way this extremely volatile and generally downtrending market should be played. Wild intraday and multiday swings, in either direction, can be traded and capital can be preserved until a general uptrend shows its head again. We're no longer in a time when "stories" matter, IMO. Investors are far more interested in valuation now than they were in 1999, when many of us (myself included) profitted greatly by finding companies with great "stories". BTW, EMC is coming out with its "chameleon" product today, no? Doesn't it go head-to-head with NTAP's NAS technology? As much as I like NTAP (It's in all my family's IRA's), I think this is a development for NTAP investors to monitor closely.

To: Dr. Id who wrote (34197)	12/5/2000 6:45:27 AM
From: Poet	Respond to of 35685

I just saw this on the Hahn site. Agrees with you: From the look of the rally in the globex futures, tomorrow may be a day of bullish stock market advance with Nasdaq regaining lost ground relative to the DJIA. Once the anxiety over the election uncertainty is removed, the stock market may again focus on growth and value. Investors have shown a propensity to pay rich premiums for value stocks, while rejecting growth stocks because they represent valuation risk. This can be overdone on the conservative side. Sometimes buying growth at a reasonable price (GARP) is good investing. Some tech stocks have fallen so far, they've become GARP's.

To: Dr. Id who wrote (34197)	12/5/2000 11:02:27 AM
From: jambo-bwana	Respond to of 35685

There has been NO negative news on NTAP, yet the stock is trading a shade below 60 (down from 152 a little over a month ago) I agree that there has been no negative news on NTAP but it is a question of valuation especially given the market climate. The run up to 150+ was when the momentum crowd were enamored of the stock - but as we know, when they leave the party there is invariably a hangover! I am long NTAP - so it is not as if I don't have faith in the company. As an investor I am willing to ride these waves.