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To: w2j2 who wrote (455)4/16/2000 9:49:00 AM
From: SJS  Respond to of 1805
 
Good Point!

Also look for companies with real cash to acquire assets of other companies (buyouts!) at these much cheaper/compelling stock prices.

Could this bring some sector consolidation up and down the line?

I'd bet some in progress will accelerate and more new ones will initiate.

Thanks Walter.

Steve



To: w2j2 who wrote (455)4/16/2000 1:33:00 PM
From: FR1  Respond to of 1805
 
I think you are right. I remember one time, long ago, when there was a enormous sell off. The next day IBM announced that it was buying back millions of IBM shares immediately. Very smart. Started a major rally and left IBM in a great position. Businesses that know they will be reporting well could really benefit from this opportunity.


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