Everyone says this stock is sooo good. Well I
have been fairly long on it, pre last split anyway,
and it has been a dog since its last big run up. Does
anyone have any insight into why it isn't going anywhere
if everything is so good about the company?
What the F--- does this have to do with SPLS? Please take your crap elsewhere.
You might want to take a look at a company called ZAMBA (ZMBA). Undiscovered company until 3 months ago. I know a fairly intelligent analyst that thinks this is a $60 stock within 6 months.
when tech goes down staples will go up so the
bursting of the bubble will give us all capital for
further opportunities. however will the tech bubble
burst, paine webber just put out a 1,000$ target on
qualcomm !!!!!
no disagreements here about this company being
good but the stock is not "bad". I happen to think it
is a tremendous buy at this price. The problem is I
don't have the foggiest idea when we will see it
take-off. I just know I want to spread my money around a
little so that when the tech bubble burst and money
starts to flee to value I will at least be well position
with spls. In the meantime, I'm hoping that
instituional buyers will begin the new year bargain shopping
and give us a boost. Hope those e-commerce numbers
come in soon. Nothing wrong with a little patience
when we invest.
regards,
tex
From my vantage point there is nothing wrong with
SPLS. If you are a long term investor, then walk away
and in a few years you'll be happy. If you are a
trader then its a great stock to trade. Today is a
typical day, over a 1 point spread! On a 500 share trade
it was an easy 500 bucks. A couple times a week / 26
weeks out of the year / well you get the picture. Had I
bought and held for the year I would have made a little
( split adjusted ), but trading a couple of times
per week I have turned 10K more than 4 x over. Use a
fairly tight stop. Stop moaning.
Your right cruise. just made 900.00 and change on this puppy today, not bad for a few hours work,made 1258.00 on fcfc today also and 1307.00 on mxg today. FUN MAKEING MONEY.
I own SEBL, VRTS, HD DH, GDT, INTC ITWO (at $20),
NXLK, MFNX and SPLS. I like to vent when I own a stock
that goes down every day even know the market is
strong. I'm upset with myself because I bought a stock in
a very weak sector when I could of bought SDLI or
JDSU. I too think this is a good company but it's a bad
stock right now!!! IE. 3M (Good CO. bad stock) Believe
it or not there are good co.'s and bad stocks!!!
For the last several years tech stocks have been
the darlings and most other stocks have been for
sissys. I myself loaded up with the techs and have made
out beyond my wildest expectations, however this
exuberance won't last forever. Come Jan 3 I am selling at
least enough of my techs to get out of margin without
consideration of taxes which continue to suffocate me. When
will this tech and dot-com party peak out? Most of the
big techs will probably come out of year 2000 ok, but
a lot of the whiz bang stocks that have soared with
little or no earnings and which have little national
need, have lots of competition, and which are full of
hot air will likely self-destruct, maybe next year
for a lot of them - longer for others. When all this
begins to take place, I think stocks like SPLS which
have value as well as growth going for them will
become more appealing to investors. I would guess this
could happen pretty soon, but what the heck do I know?
If I am far off base here I will use any SPLS tax
loss against some gains.
The so-called experts have warned me about being
heavy in the high techs - for three years now - and
they have all been wrong and I never made so much
money in the market as I did the past three years. Even
if the NAS does correct in 2000, I am way ahead of
the game. Now if only SPLS would show some life, I
would probably hang on another year - even buy more,
but that whole sector is sic!
the NAS getting ready to correct.
Ouch!
<EOM>