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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Jorj X Mckie who wrote (36000)1/25/2002 8:07:46 AM
From: Logain Ablar  Respond to of 69284
 
Jorj:

No I started selling @ 22 and was gone b/4 26. Been mostly on the sidelines watching since late Oct mid Nov time frame.

The 3 storage stocks in the sector I like are qlgc, emlx, mcdta (have never owned mcdta). Note I don't like any of them @ these levels but I like the company's fundamentals.

Still feel storage is one of the leaders out of the tech recession and from readings this seems to be true but many of the stock prices already reflect this (as an example emlx is now trading @ 84 times this years forecast earnings, just a tad bit ahead of itself)

I own some zoox (entered too soon) but it was more for the lottery type ticket (I'll be out of it soon, maybe with a lot of luck it runs to $2).