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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Paul Senior who wrote (14575)6/6/2002 5:40:02 PM
From: Wallace Rivers  Read Replies (2) | Respond to of 78750
 
This isn't rocket science, but there is blood on the Street in the after market, what with the Intel warning, and it probably will continue tomorrow. All techs are getting hammered.
Tomorrow may be the capitulation day...however, just when you think there may be light at the end of the tunnel, it turns out to be an oncoming freight train!
I had a lowball bid in to reenter SYMC which (fortunately!) didn't fill. The company more or less reaffirmed guidance after a downgrade today, I may try to pick some up tomorrow, I suspect it trades below $28. Still the leader in its field, a good and needed business to be in, good management and balance sheet.