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Non-Tech : Carnival Cruise Lines CCL
CCL 28.71-0.4%9:30 AM EST

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To: LemonHead who wrote (138)9/22/2000 10:57:27 AM
From: chomolungma  Read Replies (1) of 177
 
What are you thinking? Selling now, just as the party is getting going?

Carnival is a cash-flow machine. Look at its margins for the quarter; they were above 30%. That's Intel-like without the risk of paying 40 times earnings for them.

In the last month two of the weak sisters of this industry have gone bankrupt (Canaveral Cruise and Premier) because they couldn't make money!

The opportunity that Wall Street has provided by decimating this stock is too tempting to avoid. I plan on holding mine for another 5 years at least and maybe longer since I can't think of another stock with more favorable demographic trends.
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