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Technology Stocks : SONS -- Ignore unavailable to you. Want to Upgrade?

To: TShirtPrinter who wrote (854)	1/17/2007 12:44:08 PM
From: carranza2	Respond to of 1575

Tony, Although I acquired most of my SONS shares while it was in the 3-4 range, I have set aside some cash from a sale of part of QCOM holdings - it's dead money so long as it is in litigation hell - for another buying spree to add to the long term position. I am looking to re-enter SONS should it get back to the low 7s, high 6s. If it doesn't go down, I will be looking at more VLO as I think the low price of oil is with us for at least six months thanks to the squeeze the Saudis are putting on the Iranians. Because I think the low price of oil will be with us for a while, I am also looking at the brokerages/investment banks, especially JPM and Goldman Sachs, as I think this temporary drop in the oil price is very good for the stock market. Those two are very nicely positioned for the M&A activity and other business a healthy stock market will bring to their doors. I don't understand their low p/e ratio. FWIW.