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Technology Stocks : Vitesse Semiconductor

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To: jbershad who wrote (720)7/14/1997 12:16:00 AM
From: Duane L. Olson   of 4710
 
Just one problem with Coke and McDonalds...history says they will really tank one day...so sleeping well can become a nightmare. The market in the big, "forever" stocks like KO reminds me a lot of the late 60's, early 70's -- the days of the "Nifty Fifty". Well, by October, '74, many of them had lost more than 80% of their value. (Check out Avon, Xerox, Int'l Flavors, etc.). Warren Buffet is at his peak, true. But is there an upside from here? Just some thoughts.
DLO
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