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To: michael97123 who wrote (124064)1/3/2001 11:11:16 AM
From: Amy J  Respond to of 186894
 
RE: "Growth is the place to be in a recession in anticipation of coming out of it. "

Hi Michael,

Well, not like I have a choice at this point.

Growth is where I am and growth is where I'll be. The consumer staples (and other recessionary stocks, like health care & utils) have already jumped several months ago, so growth is where I'm going to be.

Btw, at this point, I think the only folks making money are those loaning money - as hightechhooper had said yesterday, the gap between the interest rates and the bonds is pretty high (i.e. a nice profit for those in the loan business). (Speaking of debt, another contact of mine got caught in a MM Silicon Valley mortgage after his company's stock plunged. Very sad. I'm so glad I'm incredibly conservative when it comes to debt.)

I'm certainly all set for the next growth period to begin.

Regards,
Amy J



To: michael97123 who wrote (124064)1/3/2001 1:59:47 PM
From: Road Walker  Respond to of 186894
 
Mike,

Mr. Biggs made himself a good call this morning...

John