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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: Mannie who wrote (36343)4/26/2001 3:21:48 PM
From: stockman_scott  Read Replies (1) | Respond to of 65232
 
<<any thoughts on gx>>

It lacks a P/E...Then again, that hasn't stopped one of my old time favorites (like INSP) from starting its LONG road to recovery...=)

Be careful in this market....I now tend to prefer investing in firms that are already profitable and have very reasonable valuations vs. their projected growth rates.

Best Regards,

Scott



To: Mannie who wrote (36343)4/26/2001 3:38:38 PM
From: edamo  Read Replies (1) | Respond to of 65232
 
scott....wooly man likes gx....if you are patient, long term it should give a better then money market per annum return....short term it moves with the vagaries of the market...

lot of stuff in a bottoming, attempted base action....most breakouts have failed, not a good sign, but depending on how far a pullback is, it may strengthen the base....

nothing going to run away, and if it does look like a run, and you own it, take a little off the table..