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Strategies & Market Trends : The New Economy and its Winners

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To: Bill Harmond who wrote (7008)	5/20/2001 6:58:27 AM
From: craig crawford	Read Replies (1) of 57684

Look what happened to HM during the recession in '82 at the onset of the start of a huge bull market. It bottomed out at 3.62 (split adjusted) 06-21-82 then ran straight to 15 in 11 months. They paid a healthy dividend back then, making it even more of an impressive run up. quote.yahoo.com Fast forward to current times. We are in the midst of a recession (ok not technically) and HM bottomed out at 3.62 (the exact penny) 19 years later 11-16-00. It has climbed to $7.88 (up 117%) friday six months later. Six months after it's bottom in '82 it was up 200%. Another 6 months later it was $15.60 (up 330%) Is HM a double to $15 in the next 5 months like it was in '82? Perhaps this "new economy" will compress the cycle once again and HM will hit $15 in a month or two? Is CIEN going to double it's market cap to $35 billion in the next 5 months and trade at 16-17 times sales? Not likely. Is JDSU going to double it's market cap to $65 billion? Is CSCO going to double it's market cap to $300 billion?? INTC $400 billion?

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