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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?


To: Libbyt who wrote (2097)10/10/2000 9:47:50 PM
From: Victor Lazlo  Read Replies (2) | Respond to of 57684
 
"Insurance, generic drugs, and energy now are likely among the few save harbors for mediocre returns." -- VL

<<Hi Victor,

I guess you meant "safe harbors"....suggesting that these stocks are a safe place to buy stocks at this time. >>

yes, please re-read the last 3 words.

<<IMO there is not a safe place to invest in anything....there is not a "sure thing" as an investment, not a guarantee of specific returns, and not an easy answer of where to put money to receive the desired return. >>

enrgy was up today, maybe drugs too, didn't check. Insurance has strong momentum. (there are stocks in non-.com sectors, you know. Some of these stocks actually have real, healthy co's behind them.)

<<All of investing IMO is about risk....and risk versus reward.>>

it's your money; We are in for the devil going foward, Libby.

<<There was an earlier discussion on this board about the returns in the real estate market. >>
The bulk of the $$ has already been harvested there, imo. RE prices in my neck of the woods are peaking, and that is while rates have begun to decline.

<<and the wireless Internet are IMO the reason to decide to buy specific companies. >>
The projected metrics on wireless internet are turning very bleak. WI may take 6 years to be profitable, if then. Euro wireless is in a tizzy as some of the WI stock plays are plunging.

Victor
(sold all my nrg today.)