Ms. Jean B. ,,,,,,,,,,,,,,,,,,,,,,,,,,,How are you doing in this crazy market? I hope you are making fists full of money! Do you remember last Christmas there was a stuffed baby toy called "Tickle Me Elmo"? Seems everybody and their dog wanted to give this $12.95 toy for a gift, which created a shortage and caused the price to go thru the roof. Some radio and TV news stories were reporting black market sales at prices of $200 to $300 dollars and more. Now I think that toy at $12.95 was a great buy and value, which I would gladly pay that price for one as a gift for any of my grand kids (of which there are Two). I might even pay $20 or maybe even $30 for one of these toys if it was just a "MUST HAVE-SPOILED ROTTEN" situation. But I am going to tell you, my wife, and my grand kids' parents that it will be a cold day in Satan's domain before I would pay 30, 40 , 50 , 80 or 90 times more than the toys true value price. Now I want to tell you that I think VISIO is one of the best looking companies out there and that I will be long in its stock, as well as singing its praises at its true value price. I do not think a price of 80 to 90 (or more!) times actual, provable earnings for ANY company is true value. Now that you know my investment secret, I hope you will use it in your investment strategy and make big bucks in the stock market! Good investing!
Jean, take a look at SEBL and tell me what you think?
Cheers-Yo_Norman |
