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Technology Stocks : RF Micro Devices (RFMD) -- Ignore unavailable to you. Want to Upgrade?


To: chojiro who wrote (4072)2/5/2002 9:35:14 AM
From: im a survivor  Read Replies (1) | Respond to of 4849
 
I am not adding much of anything at this point that doesnt retest it's recent lows after sept.......

as for rfmd's valuation......I think they have good cutomers, good products and right now valuation is high...but IF earnings come back, I am hoping RFMD will be positioned nicely. If the markets stay in a funk for years, so shall rfmd..if the market and economy does not come back...it will get alot uglier then sept.......people are getting very scared right now.....dont know if thats the sign of an upcoming final bottom, or if it's the sign that 50% of americans are going to go to cash and cause a major market crash......alot of skitsy people running around, not sure what to do....I am perfect example.....LOTS of stuff I would like to buy RIGHT NOW, but I am waiting because I dont know if we are near a low, or going alot lower...thats why I always miss the bottoms....when it gets ugly, it gets hard to pull the trigger cause you just dont know if your gonna see a pop or more sea's of red......as for shorting the market....I didnt do it in 2000...I wont do it now when 90% of value has been wiped...maybe we go alot lower.....but again, I dont short, and wouldnt at this time, even though I think it looks ugly out there......short rallies can be quick and painful to the shorts as well......