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Pastimes : Generation Xers--saving and investing strategy

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To: Mike McFarland who wrote (24)11/14/1997 1:48:00 PM
From: Dom Sartorio  Read Replies (1) of 100
 
For long-term investors, now's a good time to buy stocks
in solid companies that have been unfairly beaten down. In
a broad market decline, everybody gets punished, whether they
deserve it or not. But the solid companies usually bounce back
strongly. Recently I've been a buyer of stock and LEAPS in
AMAT, ORCL, INTC and other companies I expect to be around for
a while.

I'm not too worried about SE Asia. They are a growth area that
just got ahead of itself, and they are now experiencing a severe
correction that may be better in the long run (in the form of
better banking regulations, better government oversight, etc.)
But they are still a growth area, with an increasingly educated
population and governments interested in fostering technical innovation.
Moreover, with their currencies so cheap, these countries are
probably the lowest-cost manufacturing alternatives for some of
the companies mentioned above.. actually, perhaps this is a net
positive for companies that produce there.

Just my opinion,
comments are welcome.

DOM
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