hi i just read your report about wirless but look the bottom line is this is dead money iam in a bad mood looking that the market is up and this is still down so who cares about sales pe low vsh just accept the fact that we as shareholders are seeing this going down and down my point is that even when the markt is up this is still going down so i decided today iam not looking anymore for what it is dead money and i think there are better name than this crap good luck
Just about all the tech stocks are waaaaay down in the last month. There are some incredible bargains out there such as SILI, CMOS, LTXX, ASYT, FFIV, NVLS, KLAC. This BS about high valuations in tech stocks is just that, BS. There are many tech stocks with PE's less than 20, with PEGs less than 1, despite super performance in recent quarters. The incredible tech selloff we've all witnessed in the last month has changed reasonable tech prices to bargain-basement prices. I'm not saying there isn't more downside to come (I don't know), but the upside potential is starting to look a helluva lot bigger than the downside potential. Next time you hear somebody (such as a columnist) use the phrase "tech stocks have high valuations" tell them (via email if you can) they don't know what they are talking about because many are damn CHEAP right now.
I agree. Lots of good prices and P/E's out there in tech-land right now. I believe we will see a bottom here very soon. Now that the NAZ has broken support to the downside I think we will get a panic-blow-off to the down side. We haven't seen a good market wide "panic-sell" in awhile which usually marks a low. Keep your eyes on sentiment indicators like the VIX and wait for the large volume day that marks the bottom. I am long from 63 and will hold as I believe that I will eventually come out a winner on this trade. It's almost time to double down to lower the cost basis. Theo