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Non-Tech : First Union Bank

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To: Walter High who wrote (274)1/26/2000 10:36:00 AM
From: BWAC  Read Replies (1) of 323
 
<This may be close to the bottom, but there doesn't seem to be very good prospects for it to rise significantly. The downside risk may be lower, but the upside potential is not good. I think there are a lot better bets if you want to make money than buying FTU at 32.>

I totally disagree. The BEST way to make money over the long term is to buy when everyone else is throwing quality profitable companies out the window. Thats where the big money is made on a continous regular stable basis. The upside here is 100% before it becomes ridiculous, the downside is maybe 20 or 30% more. Maybe.
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