Gene - I just listened to a Yahoo broadcast from this morning, where a financial journalist is saying that from now on the market will value stocks only on earnings, not growth or revenue, and everyone has learned this. ;-OOO
The FUD is incredible.
More interestingly, this evening on CNBC, one fellow was saying that what is happening in the New Economy sector now, with networking and B2B is that, we are building out a system where all companies will connected be to each other in real time, and as that is finishing, over the next few years productivity will continue to soar. This sounds real to me.
I like JNJ, ENE, and WMI, but will probably stick with the top ten list I posted the other day, with only mild revisions.
I wish I had your hot hand, tho!
Regards,
Tom |
