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Strategies & Market Trends : Strictly: Drilling II
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To: Jim Willie CB who wrote (28990)3/4/2003 9:02:52 AM
From: Art Bechhoefer  Read Replies (1) of 36161
 
>>thanks for the examples--they seem isolated<< The examples are anecdotal, but not isolated. My own strategy is to look for growth opportunities (e.g., wireless telecom equipment and military/civilian aircraft components) where the companies involved have strong balance sheets and seasoned management. Even in a recession, not ALL companies do badly. In fact, a recession often forces businesses to become more efficient, and in so doing, to buy equipment and services that improve the bottom line.

Art
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