*OT* Pharmas, value stocks, and plans.
Well you may have a good point about owning more
Elan, and I certainly have more of that one than
I have of Aventis and Schering Plough. But I
think I am not clever enough to pick the right one,
so I snagged three that seemed like the best values
and that seem to be pointed in the right direction
for their R&D (although that is certainly a very
tough assessment to make--tends to be the sort
of thing where you go to their website, and yeah--
Asthma, or yeah Alzheimers great! Nonsense of
course--but these guys do throw billions at R&D,
at least that was the number I saw for Aventis--3B).
My value stocks are Washington Mutual and Burlington
Northern Santa Fe. Also, once or twice a year I go from
the money market into a Fidelity Sector fund--just to
snag 20%--last year it was gold, not sure I want to
play with gold anymore. So, I may do some bottom
fishing value to do that trade this year: Some of the
worst performing Fideity sectors funds of late are Banking,
Home Finance, Financial Services, Insurance, Paper and
Forest, and Defense and Aerospace.
Raising cash and spending it--yeah, me too. I really
cant see getting too conservative for at least a
couple of months--and I think that everything I own
I could hang on to for five more years--that is the
length of time I think I could handle before finally
quitting my job and finding something without a rotating
shift--or, as I mentioned on aria thread, back to school
or dabble with a web business. |
