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Strategies & Market Trends : Z Best Place to Talk Stocks

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To: DanZ who wrote (15262)7/13/1998 3:27:00 AM
From: Ron McKinnon  Read Replies (4) of 53068
 
Dan

I should have backed up some of my comments on LTCW but was a bit too tired from a long fruitless chase after "Charlie" yesterday (maybe better luck today)

My old bankers hat always makes me deduct 100% of goodwill from tangeble net worth unless the acquisition (s) are turning out to be both profitable and accretive to eps

I also give close to zero value to fixed assets in retail stores

I agree with major future growth in cell/wireless but I'm not convinced that LTCW is going to be the point of purchase of choice for most customers

this may prove to be a rewarding one as a small % of the high risk portion of ones long term hold portfolio but I'm mot convinced that the time to enter is here right now; I'd wait a bit

PS

I can be reached today by cellular phone on the boat at 180 line of Jefferies Ledge; 20 miles ESE of the the Merrimack River entrance

GGGGG
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