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 : What happened to FBNA? -- Ignore unavailable to you. Want to Upgrade?

To: Tom C who wrote (17)	10/9/2000 8:50:40 PM
From: EL KABONG!!!	Respond to of 22

Hi Tom, Can you make a case for LUcy at this price? Yes, I can, but the answer depends upon your perspective. Are you a long term investor? A day trader? A swing trader? If you were to invest in LU, what are your goals for the investment? How much risk can you tolerate? How much pain before you cry "uncle"? <g> Lucy has some upside, some potential downside and (likely) higher than normal risk for a large-cap gorilla. Let me know your goals, and I'll post the long and short (as I see it) on LU. KJC

To: Tom C who wrote (17)	10/9/2000 9:13:09 PM
From: Larry Brew	Respond to of 22

Tom, As long as I'm here I'll post my 2 cents. Like you, I believe we're in a much needed P/E correction phase. The market took forward earnings to unrealistic extremes. A couple weeks ago I was well positioned and sold into good profits. Mostly natural gas and utilities. I look at my portfolio today and ask myself: "how'd I get here?" I've been jumping on high risk microcaps. Probably because I made a killing on them in Jan and Feb this year. As for good techs, I love LUcy. I'm not in yet waiting for a better P/E, but it's one of my favorites. I bought ATML for a second time today. It's been good to me even though it too is overvalued. I trade it for now. For me wireless is where it's at. I'm big in AWE but love QCOM and NOK also. Oh yes, and I'm loaded up on FBNA! :-) Larry