Fallon and CFO buys are obviously their vote of confidence. I'll
have to look at what covered calls might yield. CIEN loooks WAAAY
oversold, but that thesis has burned me before.
I am tempted, and think, that I may add more NOK here - only
hesitation is that it's not showing much of a sign of rebounding
from here yet, as it has before - yet. I am also interested in
CSCO, which has dropped from $29.xx as the year's high into the
$26's. Almost $4 dividend. But I wish I had snapped it up when it
was $23, and it may go there again. I have no clue as to how
they're doing and how they're positioned.
The whole market itself feel squishy, contradictory day to day,
and uncertain. What puzzles me is - how are all the the
data-sucking companies managing to continue to spend meager $ on
capex building able to do that for so, so long. If I look at each
of those stocks downward trend, I'd swear that the secular growth
thesis could not be true - more like they're whip and buggy
manufacturers. It flummoxes me. My best idea is to have the
patience of Job (as the market, playing the part of God in this
drama, keeps torturing me, testing how strong my faith is :-)