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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: Wally Mastroly who wrote (12329)3/8/2000 11:12:00 AM
From: Hank Stamper  Read Replies (4) of 15132
 
Wally,
Thanks for all the information you send our way!

What great advice in the USA today article:
""It's really curious - the safe part of the market is the tech sector, whereas the blue-chip side, the old economy, really presents the most risk now," says David Root, a financial planner in Pittsburgh."
Really curious.

"Root says he's recommending that many of his clients increase their technology holdings to 35% or 40% of their portfolio, from 25% to 30% a year ago."
Yeah. Buy high, sell low and while you're doing it, give me a big fat commission. At least somebody will be happy.

"He figures that big manufacturing companies will be hurt more by higher interest rates and rising oil prices than nimbler, fast-growing tech stocks."
Yeah. Interest rates don't count in fast-growing tech stocks cuz they don't borrow. If rates go way up and they need more money, they'll just issue more stock.

Ciao,
David Todtman
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