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Non-Tech : Bill Wexler's Dog Pound -- Ignore unavailable to you. Want to Upgrade?


To: S. maltophilia who wrote (7504)9/9/2000 5:02:31 PM
From: Bill Wexler  Read Replies (1) | Respond to of 10293
 
I think business is in the dumps...for now (read Marty W.'s comments in the article). Will it remain in the dumps forever? I don't think so. This stock isn't going to skyrocket overnight. But I am certain once the business cycle improves it will return to its old highs. This is a beautiful opportunity to accumulate an easy-to-understand company with a healthy cash cushion and at the bottom of its business cycle.

Whitman's advice got me into the chip equipment makers in the fall of 1998. I almost hit the exact bottom-tick on AMAT. Check out some of the Yahoo messages about the company back then. Many thought business would NEVER recover and the company should be *shorted*.

PRXL is probably one of the better ideas I've run across in a long time in regards to risk/reward ratio. It is also so nice to be able to calmly pick up a few thousand shares at a clip in a liquid issue while no one is really paying attention.

PRXL is going to be a big winner. Bookmark this post.