SI
SI
discoversearch

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.
Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: William L. Oppenheim who wrote (10422)2/3/1998 8:43:00 AM
From: Matthew Scott Davis  Read Replies (2) | Respond to of 95453
 
Whatever happened to 'buy good companies (and sectors) on bad news'. this board is starting to become as pessimistic as all of the momentum players that have brought these stocks down...step back, look at the negative sentiment, check companies fundamentals and growth prospects and purchase if you determine that to be the right decision...

from my experiences, this is a tremendous buying opportunity. i have purchased equities and funds of this sector for the medium to long term timeframe...i have purchased dram companies twice in the past three years when it was the only industry in the tech sector falling as the remaining market rose and within 6 months to 1 year, micron and others always returned to their highs...don't get sucked in to the dark clouds that we are perpetuating on this board.

buy good companies on bad news and close your eyes for a while...don't follow the market daily unless you are a trader. just my opinion of course.