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Politics : Idea Of The Day
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To: Tom Trader who wrote (15744)12/18/1997 7:48:00 PM
From: Nancy  Read Replies (1) of 50167
 
Hi Tom,

Of your long list of stocks - I dont believe NKE will return to its glory. A name in Athletic clothing & shoes is a fragile thing subj to all fashion whim. Besides its past price is a reflection of over-valuation even in the past growth rate. I like UNH better than AET - UNH already is turning around while it has been 2 years now AET still struggle to find its way in managed care. How good the management is ? Now they let the CFO go ? And you believe we need more prisons ? :)

Seriously, I believe some of the previous high flyers can never regain their prices because they never deserved that kind of prices from valuation stand point to begin with - take CXC, it was the mo players push it to that level. just like what happened with CSCC, ASND, PAIR.
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