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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: Wally Mastroly who wrote (12111)2/25/2000 12:34:00 PM
From: Kirk ©  Read Replies (1) of 15132
 
>>...The average NYSE stock has fallen 33% from its 52-week high, says Robinson-Humphrey Co., a subsidiary of Salomon Smith Barney. More than 89% are down 10% or more.

interesting Wally.

I head yesterday that 20% of stocks in S&P500 are at 2 yr lows and 30% are at 1 yr lows while only 2% of those in the NASDAQ are at lows...

Could that mean "most of the damage is already done in the broader market?"

Hard to believe some bank stocks are paying over 6% dividend and p/e's are under 10!

I head that Warrenn Buffett bought some MSFT recently. MSFT is over 20% off its peak....I don't remember MSFT correcting 20% since I bought in 1993. Time to buy perhaps?

Kirk
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