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Technology Stocks : Lance B's : Its A Beautiful Thing -- Ignore unavailable to you. Want to Upgrade?


To: Susie924 who wrote (4598)12/10/2000 10:14:29 AM
From: Tom Allinder  Respond to of 4792
 
LU... no bottom. I look at the chart and see no evidence of it. Just because a stock went from $80 a share to $15 does not make it a good investment.

COMS... now here is a stock (cheaper than LU) that has shown some sign of a bottom... AND has the fundies to support the share price.

COMS has $9 per share in cash, a big business etc... COMS is an example of a better longer term investment.

MY OPINION. I don't own COMS because the stock can move to $20 max over the next 12 months IN MY OPINION. I am after the BRCMs of the market (Which can go as low as $50-70 if NAZ goes down to 2000-2300) and then trade as high as $300 if the market comes back.

Tom