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Technology Stocks : CHRZ - What is the near term outlook? -- Ignore unavailable to you. Want to Upgrade?


To: William F. Wager, Jr. who wrote (176)2/10/1999 6:30:00 PM
From: Dataminer1  Respond to of 443
 
The price action in this stock is exactly the reason that when I decide to take a new "position", I wade in very slowly and keep powder dry to fund additional purchases should the price decline. This is precisely what I plan to do, as CHRZ is in the range where I will add to my position, lowering my cost per share.

The fundamentals tell me this stock is a great buy. The growth rate, PE, and PEG are what got me into this stock to begin with. The IT sector in my opinion is a gem waiting to be re-discovered, and I have the patience.

If you drop a knife from your roof, the handle will probably hit the ground first since it weighs more. You can try to catch it or wait until it lands and then pick it up safely.