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.

Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: Judy who wrote (13992)	11/11/1997 5:35:00 PM
From: Suma	Read Replies (1) \| Respond to of 50167

Judy: I have several stocks on your list which are ...down badly. Bay Csco are two. I also hold COMS and am just about even having seen a big profit waste away. What is your opinion of this stock as well as DATM and CYMI ? THanks for imput. SUMA

To: Judy who wrote (13992)	11/11/1997 6:46:00 PM
From: Nancy	Respond to of 50167

Michael & Judy, I tend to agree with Judy that try to catch a snap back rally is a risky business. On the other hand, DD is interesting - stock tanked to 56 on numerous downgrades (cyclicals, etc) but it tried to come back to above 60 twice - last time it promptly fell back to 58. Today it is the second try. Haven't figured why but since I hold 99 leaps underwater, any bounce is welcome. LOR is resilient too. Of course that stock has been a laggard in a bull market, not much downside in it. In tech land, the only area that is still holding up is in software - so may be ORCL is OK. of the deep-sixed stocks, unless you want to be an investor, I would stay away for the time being (Michael, you have said I am not brave enough to buy stocks on their lows, well, I did on CYMI & WDC and both made newer lows almost daily since I bought them ... ) We ain't see bottom in those stocks yet, they could get more oversold when we approach Dec and there is no relief rally in between. Then we might be able to sort out the wreckage then ...