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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Cary Salsberg who wrote (11425)9/3/2003 11:34:27 PM
From: BWAC  Read Replies (1) | Respond to of 95622
 
Ok so while everyone is counting their hatching chickens tonight, I won't say a negative thing about valuations since they don't matter anyway. (and everyone could care less)

My Question?
Essentially new yearly highs on everything semi in sight during the last week. So why isn't the old favorite pump stock MU trading at a number closer to $20, instead of being 'just' $14?



To: Cary Salsberg who wrote (11425)9/4/2003 11:17:07 AM
From: Kirk ©  Read Replies (1) | Respond to of 95622
 
It sounds so easy when you write it that way...

I will sell when I don't want to risk what I have for the possibility of more. It is possible that I can sell with a scale up discipline, but it is more likely that once the selling starts the "sell dam" bursts.

The risk is your comfort level is above the top of the dam and you mistake the dam bursting for just another correction.