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.

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

To: straight-->arrow who wrote (119275)	12/17/2000 3:06:28 PM
From: Jenna	Respond to of 120523

More short bait for next week and yes, probably some good buys in quality companies. To partake fully in any rally we will be picking up a number of call options because that is still the best way to capitalize on 'artificially pumped' up temporary rallies. If we see the rally is real, and passes the test of time, we will be buying into it with some real stock purchases. There are still companies out there that will be trimmed down further due to their high valuations and we will find them, and short them and profit from their decline much the same way we profited from the declines of AVNX, MUSE, TIBX, NUAN, NTIQ, and BEAS among others.

To: straight-->arrow who wrote (119275)	12/17/2000 3:08:32 PM
From: Jenna	Read Replies (1) \| Respond to of 120523

To be an effective whiner, one must insist that ones buy and hold mentality will reign supreme even though the evidence is staring you in the face. Check "It Wasn't Me"... by Shaggy. That's what you sound like. "Get all you can Mentality" is your way of putting it. So your Retiring early on artificial market gains not backed by true profits is altruistic? We call it simply weakening economy taking its toll on corporate profits. We call your mentality "Heck, you mean we can't go on like this forever and retire early mentality?" I have a young friend who turned $100,000 to $400,000 in a short span and when I asked if she didn't think she should take profits she said "No, I want to have $500,000 so I could retire at 42. Well now she has $100,000 again. When you have Price/Earnings Ratios expanding and Earnings profits contracting a 'buy and hold mentality' this year was just a house of cards. Sure you weren't complaining when SDLI was $400 a share or QCOM or when you were licking your chops while analysts were feeding you 'junk food'.. despite warnings from this thread in September that we are in for a tight squeeze. So when companies like MSFT, CPQ, MYG, GM, HON, UPS, CLX, AMAT, ANAD, XLNX, INTC.. are showing profit warnings, we should continue to hold and hold? The only thing that can help now is 'artificial respiration' from.. and for how long? Do you even read about the TRUE situation? Did you think this blimp economy would stretch out ad infinitim? Order will Return??? You mean we are going to have huge P/E stocks going back to previous highs? Is that order? No its chaos. FLAT EARNINGS is the reality and we are just playing that reality. When things go back to order, it will be a REAL order not like before and WE WILL BE RIGHT THERE REAPING THE PROFITS OF THAT ORDER WITHOUT HAVING PARTAKEN in the downfall of the market, which so obviously you have. Profit WARNINGS: General Motors could see a 50% drop in profits next year, while Ford's earnings may decline 25%.. Intel's profits could fall sharply in 2001 because it relied heavily on investment gains this year to boost its net, and its capital gains are gone.. You have had the opportunity to make some money in 2000 but if you didn't take profits, they will more than likely turn to more losses in 2001. Brokerage stocks will feel the crunch, Citigroup 'got hit last week'... Microsoft.. had a profit warning. The computer market is crashing. So if Microsoft now has a nice P/E of 27 and trades for 30 times projected fiscal 2001 profits, and has a cash of $25 billion in cash and $20 billion in investments companies like and RBAK, AVCI, AKAM, JNPR, AVNX have a chance and continuing up with their triple digit multiples? You are basically living in an ivory tower of denial and yes us 'charlatans' will prevail.. while the ostriches will continue to bury their heads in the sand. And when the time comes we will be buying the NT's, MSFT's, LU's, and AMAT's at a fraction of what you paid for them.