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Strategies & Market Trends : Wanted: Long-Term "Strong Buy" Recommendations

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To: Larry S. who wrote (43)11/24/1996 5:08:00 AM
From: the dodger   of 54
 
Larry,

My post was in the context of the thread's given topic...i.e, long
term, strong buy recommendations. I wasn't trying to suggest that
ALL airline stocks would NEVER have another "up" day in the market.
(But c'on now, US Air? -- you couldn't pay me enuf to ride in one
of their giant lawn-darts !!! )

I find you comment/feelings regarding coke somewhat interesting. I
remember sharing a similar view back in the late 70's/early 80's.
To me, Coke was dinosaur of a company that sold sugar water...how
much room for growth could possibly be left.? Of course, it's gone
on to out-perform the market by a factor of two or three since then.

And I think that's the problem with most of us...we just don't/can't
think large enough. I grew up in Florida. I watched them build
Disney World--I damn near lived in its shadow, but could I see it's
investment value? No. When was the first time you heard the phrase
MCI? Wal-Mart? H&R Block? When did you eat your first Big-Mac?
All giant winners in the investment world, but I, for one, couldn't
see the long-term value. By the time I had heard of them, they were
all well established companies--I felt "the party was over".

So I spent my time searching for the next great "penny stock" or
recent start-up, thinking that's where the growth would be. It took
a while to learn to GO with winners, instead of trying to MAKE one.
We really do tend to make investing more difficult than it really is.
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