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.

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

To: Jurgis Bekepuris who wrote (27790)	8/17/2007 1:17:25 PM
From: Paul Senior	Respond to of 78753

CX. For me, it's a position adjustment and not so much a statement that I consider the stock fully-valued. (Although I don't consider the stock attractively undervalued yet at current price and forward p/e.) I have built a full position in the stock, starting back in 2000 and buying more at ever high prices in '04, '05, '06, '07. Just don't want to see stock fall back to near where my more recent purchases were being made. So as the stock has dropped I've peeled back the '07, '06, and now some '05 purchases (@$19-21). Stock now about $29+. For me, I might consider starting to add back @$24-25 maybe. Right now, I believe I see better opportunities elsewhere. But who knows?