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Strategies & Market Trends : Three Amigos Stock Thread
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To: Sergio H who wrote (28873)7/23/2002 10:51:25 PM
From: Ken W  Read Replies (1) of 29382
 
Sergio

ACO..nice move. I was off all day long so was unable to see the action. I think this is a perfect op. for cash rich companies to take advantage of the market in their own stocks. I'd bet that Billy G. is just waiting for MSFT to hit a certain point to unlease some of the huge war chest he has been hording for several years. The fun part is that the dummies are selling near a bottom rather than a top. Guess you just can't change human nature (basic herding instinct..LOL)

Not to get into a policical debate with you and Ditch, but go back and check out the period of time that Enron, WorldCom etc. were doing their little nasty tricks.....it was on Billy Boy's watch during the "I don't care who it hurts so long as I get mine era". Billy and his Treasury guy inflated the GDP to 5.0% growth rate, that he, himself said could not be sustained (in an interview just after he was no longer the Pres.)

Having lived thru. several CA administration changes over 30 years I noticed one thing very clearly. Each one left the next one (of the opposing party) a total mess.....it's all ebb and flow amigo.

Hope you get a gazillion bucks for your house, should decide to sell it. I know it is an very desirable area. I guess I'm too entrenched where I am, so will have to pass some very big figures onto the boys and their kids.

Ken
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