UK Stockmarket 2009 and beyond

sabretoothtigger

Owch Stevie that was bad luck, it sounds a good idea but soon as I read but rain interfered with service I knew the conclusion pretty much

http://en.wikipedia.org/wiki/Ionica_(company)

Ive worked for BT and its incredible how loyal customers are to that brand name. Unfortunately I also own the shares via a gift

Ive been using computer since the early eighties, always realised the potential is exponential with them but its not exactly easy either as the pace of growth means power doubles every two years. Intel is a good buy in general and maybe the others two, I own Cisco though I might be mistaken there as they are reliant on government contracts.
However they wont go broke, alot of big tech is very rich now and its very applicable globally and to growing countries as an infrastructure type play I think.
R&D is costly and very easily made redundant sometimes so money, good margins and cashflow are needed for that exceptional growth to be true

I noticed Turbo Bob on the stockchallenge site, currently beating me

gadgetmind

StevieJ wrote: »

I invested in Tech in 1997, well before the bubble burst and lost more or less the lot in three months

Wow, nasty.

I am *very* over-exposed to a few tech companies, but unwinding this position potentially exposes me to lots of CGT. I'm therefore taking it slowly, but watching like a hawk for signs of trouble. As it happens, I don't regard the share price wobbling as trouble in and of itself, as that's just the market being a bit mental.

lvader

FTSE over 5600. :beer:

ses6jwg

markets are holding their breath for the euro bailout package.

Thrugelmir

lvader wrote: »

FTSE over 5600. :beer:

Must have blinked today and missed it.

lvader

Out of hours....

blinko

gadgetmind wrote: »

Wow, nasty.

I am *very* over-exposed to a few tech companies, but unwinding this position potentially exposes me to lots of CGT. I'm therefore taking it slowly, but watching like a hawk for signs of trouble. As it happens, I don't regard the share price wobbling as trouble in and of itself, as that's just the market being a bit mental.

you can always get them on a spread bet and pay zero tax !!

blinko

lvader wrote: »

FTSE over 5600. :beer:

this is mystifying, greece is getting closer and closer to default, most europeans banks are going to have to write off 50% of there balance sheet, italy is struggling to pass austerity measusres and the FTSE is going up !!

lvader

blinko wrote: »

this is mystifying, greece is getting closer and closer to default, most europeans banks are going to have to write off 50% of there balance sheet, italy is struggling to pass austerity measusres and the FTSE is going up !!

All those things were known when the FTSE was at 6000. If anything we have made progress since then. The biggest worry was a double dip recession but that is looking less likely now.

gadgetmind

lvader wrote: »

All those things were known when the FTSE was at 6000. If anything we have made progress since then. The biggest worry was a double dip recession but that is looking less likely now.

There is so much good news in our well-run companies, that I expect a few very good years once some of the current doom-mongering is out of the way.

As it happens, I've been rejigging a lot of things lately, and find myself in profit for the year whenever the FTSE gets above about 5400!