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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Crimson Ghost who wrote (35595)1/21/1999 8:28:00 PM
From: The Ox  Read Replies (1) of 95453
 
To all,
I strongly suggest that any article you read from Bloomberg be read with a degree of caution. They "sell" news and need to have flashy catch phrases. Strong opinions by them, their analysts, or their "so-called" experts are often taken out of context, IMO.

They are one of the kings of spin and I strongly believe that they often have a vested interest in their "spin". I continue to read Bloomberg all the time and suggest others do the same, but don't think that they are true-blue reporters only looking to deliver unbiased news stories. That simply is not the case, IMO.
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As to FGI, for some reason it makes me think of another company I own in a different industry, VTSS Vitesse Semiconductor. They recently fell from the high 30s to 17ish during the Sept/Oct correction. Many people wondered what had happened? Why would this stock fall so hard? Well, the industry was getting nothing but negative press and the proverbial "babies were being thrown out with the bath water" situation was taking place. Those of us who took the opportunity to buy a solid company with a tremendous growth rate were rewarded when the sector came back.

Somehow, I have a feeling that if you buy the companies in the OS sector that continue to show they know how to run a proper business, you will be rewarded in a similar fashion.

Best regards,
Michael
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