Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Wallace Rivers who wrote (10858)	7/5/2000 9:37:11 PM
From: Paul Senior	Read Replies (2) \| Respond to of 78519

CCL: I'm planning on adding to CCL if/when it drops. I'll just guess that it'll get to 16 from today's 19+. (But of course, nobody knows now how low it could or will go.) So I'm trying to lag in. This stock is going to be out of favor for a long time imo, (but of course I don't really know), because there will be the strong negatives of fuel costs plus there are just too, too many new cruise ships coming on line. It's therefore obvious or conventional wisdom that business will either be less profitable than in the past or more difficult or conducted differently. My bet is that demographics still favor an increasing demand, that if Las Vegas can build and find ways to absorb its hotel space, there's got to be a way for CCL. Three years from now, there's going to be a bunch of people who have a positive outlook on the business, I'm betting, and the stock will reflect it with higher prices than today. If I can just hold on through the storm of negativity. Paul