Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : EDS - Recent pullback a buy opportunity??? -- Ignore unavailable to you. Want to Upgrade?

To: Softechie who wrote (1777)	9/25/2002 7:49:08 PM
From: t2	Read Replies (1) \| Respond to of 1841

Not buying yet? I bought at 16-17 and 10-11 ranges. Risky but not as risky as the stocks that went to Zero. It is a big company that has IBM as its main competition. Unless IBM also messes up big time, can't see how EDS can remain at current levels. The next time I add will probably be when the Nasdaq's short term move higher comes to an end..or if it hits 1300 or so. At that point the short term momentum money comes out of the Nasdaq100 and into value like EDS. In addition, September quarter ends and the funds that want to bail out of EDS have to do it this week. Next month we have a lot less selling pressure on EDS...and for that reason also considering an additional purchase for a short term trade to buy shares in the last 2 trading days in September and bailing out early October. My guess.