Technology and Internet Value Basket: Loaded and Ready to Fire.
The US Equity Markets are falling. Technology stocks are currently out of favor. Below is my list of big cap, highly liquid technology and internet oriented media stocks that I will buy as a basket once it seems the big selling is coming to an end.
Characteristics:
1. They are all old line companies from the last bull market that are being ignored this time.
2. They are being ignored because they are still being considered as technology companies.
3. They are in the process of converting to standard business and thus falling through the cracks of who watches them.
I’m ready to buy at the right time. Here’s to hoping the market keeps falling.
The list:
Intel (INTC) $17.14
Microsoft (MSFT) $22.09
Dell (DELL) $25.32
Interactive Corp (IACI) $24.73
Oracle (ORCL) $13.37
Cisco (CSCO) $19.67
Yahoo (YHOO) $30.20
Disclosure: Nothing in this blog is meant to be a recommendation to buy or sell. I do not give investment advice. Do your own research. Do not rely on anything in this weblog to make investment decisions. I do not log all my trades here. I only those that I think might be interesting. Consult your own investment professional before buying or selling any security.
I own Microsoft, Yahoo, Intel, Dell and Interactive Corp. I am waiting to buy names above and plan to execute as a program. I may never actually execute this list.
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