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Pastimes : Home on the range where the buffalo roam

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To: John Koligman who wrote (13447)	12/23/2004 1:12:45 AM
From: CFA	Read Replies (1) of 13815

John, Nice call on PFE. Despite short-term probs, I think that MRK and PFE are attractively priced for someone (like me) who's willing to hold for a year or two. Both are trading at 5+ year lows, pay good dividends, and generate great cash flow. Companies like these rebound over time. It looks like my euphoric post on Blockbuster marked a top, at least in the short-term. Perhaps I should've stuck to my original plan and sold at least a portion in the mid-10s. Oh well, I guess that's why I'm still working for a living and you're a full time investor. Are you still holding NOK? I've still got my full position. Also, any thoughts on the market in general? Other than pharma, I see no bargains.

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