Hello Bill,
The Old Economy is dead and at the best, stagnant, for now. I own plenty of G, P&G, MRK, Pfe, Nesle, Novartis and SGP, but they are there, so I leave them. My performance, like yours, have come form Ericy, MSFT, SUNW, INTC, etc! How these "dinosaurus" can compete with NAZ in earning! The Street is used to 45 to 100 percent growth. Where Hershy or Camble Soup can muster 30% grouth rates per year, falsify them! ggg
As for CNBC, I used to think they were funny, but not any more. Actually nobody likes them! There head clawn, Joe
Kernen is so fasle, and trasnparent! He is no longer a newsman, he thinks of himself as an analyst!!! He doens't
even pretends to hide his feelings, he likes IBM, GE, and hates AOL, MSFT! I wonder if there is any agency in the US
that provides these guys with a guide-line!
Kind regards,
Yaacov |
