<<<How'd ya find that one? You just like tractors? Last summer I started a small position in Deere & Co. for no reason other than I love their equipment>>>
It all goes back to what Peter Lynch said years ago- if you see kids wearing Nike shoes, buy Nike
8 years ago I started building a house with HD supplies, $15k worth, so I bgt HD stock and that worked.
Then I found a local TSCO with all nuts and bolts selling for 99 cents /lb, any size, and western style clothes
with quality far better than any I could find elsewhere. They are right colors, the right size, some unbeatable sales.
So I bgt TSCO stock several years back.
Same with AGI, although I have not been back to Vega in 8 years, I can see that the equipment wears out, that
new hotels buy new equipment, that monitoring every play at every machine as they do now electronically is lucrative, that new riverboats are being built, that Indian reservations are getting into the act.
So I have AGI and IGT . And IGT has never split so I am waiting for that, but I cant keep the %^&% stock arouind as I keep selling it so I only have 2 calls today
These three have had very few splits, I think TSCO one, IGT zero, AGI maybe 2.
An in addition Mort Topfer of Dell is on the AGI board
So it colors my attitude to sense that all three are good for at least one if not two more splits before they crash
( get overbought) and I thus able to hang on to most of the shares
Regards
Sig |
