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 : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Chris who wrote (13685)	8/3/1998 9:29:00 PM
From: Judy	Read Replies (1) \| Respond to of 42787

When the buyers return, they will be buying on a relative valuation basis. The focus on a pre-earnings rally is appropriate if one is flipping trades, not necessarily for positional trades. Thus CSCO is not that expensive on a relative valuation basis. If telecom/networking is the next growth area, the funds will buy CSCO since it is the best and best valued in the sector. LU ranks second at the moment in my book on relative valuation , mostly because its earnings will be diluted by some major acquisition not too far down the line. Long on CSCO, resistance at 97ish, next target 105-107 ... hopefully before it sees 90 again.