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To: yard_man who wrote (59255)1/18/2001 1:53:43 PM
From: bill meehan  Respond to of 436258
 
I'm certain most will get it wrong, they usually do. However, as you know, when the going gets tough in any industry it's the large and well-managed companies that come out even stronger. One of the reasons I bot a small position in WMT last spring when everybody only wanted to buy tech stocks. It was cheaper then, but never cheap; and I'm not interested in catching absolute bottoms for companies I want to own for a very long time.