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Rap Sheet

Author:

Jam ok

Subject:

Off Topic

Date:

12/08/17 at 4:46 PM CST

 

 

READ: 3

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Sentiment:

Neutral

OT - NVDA

<p>OT - NVDA - For a mere $2,999, you can get the newest 'Titan' videocard from Nvidia, with more than 1,000 'cuda cores'. In truth, it's not meant for gamers like the previous iterations, priced arouond $1,200 were. Rather, it's for scientitsts and researches who get access to Nvidia's library of applications, including 'deep learning' modules. While I bought NVDA at *precisely* the wrong time (It immediately fell about 10%, with the tax bill and rotation into financials - halted, at least for the moment), I'm not dumping my stake - I think that going forward, they've got so many viable chip initiatives in so many areas of growth (3d imaging, driverless cars, machine learning, etc.) that they'll do well going down the road. Their PE is probably ahead of itself here, and vulnerable to corrections. But what they're involved in are ongoing and evolving fields of info tech, and I don't think there's any 'wait' period on those fields continuing to grow.</p> <p> <a href=" tomshardware.com/ne...5.html">tomshardware.com/ne.../a> </p> <p>I did not sell calls ahead of CIEN's earnings - not the right choice, as a sunny outlook didn't outweigh the current results, I guess. Still, the price hit was not too bad, and after seeing such stocks get beaten to death following disappointments, it's more than liveable. Here's to all those analysts who still have $28-$32 Pt's on the stock.</p>

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