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To: Sully- who wrote (8187)5/24/2001 5:45:49 PM
From: SecularBull  Read Replies (1) | Respond to of 10934
 
My thoughts are similar. I think that we are a bit pricey after being where we have been. That's why I raised cash by selling some of my NTAP bought ~$13, and waiting for a pullback to buy back (and more of it).

I think at anything above $30, knowing what we now, NTAP will be priced at the higher end of realistic expectations. It seems to me that buying at this price is high. It will not go back to $13, but I do believe that a retracement to $20 is highly probable.

BWTFDIK? I owned it at $150 and rode it down.........

~SB~



To: Sully- who wrote (8187)5/29/2001 11:21:50 AM
From: SecularBull  Respond to of 10934
 
Still waiting for ~$20. Not too far away. I'll probably jump the gun, and buy back before then.

~SB~



To: Sully- who wrote (8187)5/29/2001 1:11:44 PM
From: SecularBull  Read Replies (2) | Respond to of 10934
 
I got impatient, and bought back. Nice play, I think.

~SB~



To: Sully- who wrote (8187)5/30/2001 4:39:46 PM
From: Crystal ball  Respond to of 10934
 
Forget TRAILING EARNINGS " that was then this is now". (a great book incidentally). Forward EPS GROWTH. Unless you are convinced that the US economy is totally over with, and we are going to become a 3rd world power, then okay, let's all bail and I'll see everyone in Europe....if I can take my rifles with me for the Armageddon that would have to result also. The economy will recover, NTAP will exceed its prior 52 week highs. Now if you are trying to time the market, like Jake I think is, then great, have a great day trading trading range day or so, and be careful that your fellow bears don't bite you on your bear end, cause all bear markets end nasty, more than the bull market sell off was ugly, cause "SHORT PEOPLE GOT NO REASON..."
I am,
Truly your$,
-Crystal Ball



To: Sully- who wrote (8187)5/30/2001 7:46:42 PM
From: limtex  Read Replies (1) | Respond to of 10934
 
west - TECH IS DEAD. Mr G got his way. I said in Arpil last year on SI that he was out to break the back of the economy and he has finally achieved that. It will not be recovered anything like so easy if at all.

See Jim Willie on Voltaires Porch - No recovery this year and probably no recovery next year either. Big oil, tobacco and international paper and maybe GE or IBM thats it. Anything else is going to get a weekly downgrade and you don't know what your net worth will be when you wake up. Who wants that kind of life that we have all lived over the last year and a qtr.

The only good thing is that with the realization that the NAZ WILL make you poorer very quickly people will live a much less strssful life and the NAZ qill learn to come back to a P/E of between 10 ansd 20 for the great growth stocks of which there will not be many.

F--k the analysts and the houses. It is no wseen clearly to be over and they cna't get any more out of John Doe.

My advice to the $2Tr.....money market accounts and don't ever go near growth stocks with P/Es over 10.

Best regards,

L