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To: Glenn D. Rudolph who wrote (119372)3/5/2001 4:48:51 PM
From: manalagi  Read Replies (1) | Respond to of 164684
 
I vote for a close to a bottom too. Now what to buy for the move up.

Many people look into the same stocks that have come down 95% or more, hoping they will bounce back. They think CMGI type of stock, the dot.com and others with high PE will lead them back to properity.

I have a different opinion. I like Jerry Mcguire's "Show me the money" approach. I choose companies that have shown they are in for the long haul. My pick: Texas Instrument. Not only they have diversified chip producers (wireless communication, appliances etc), but also in the automotive industry. If you own late model Ford cars, look at the key: it has transponders imbedded in the plastic bow. Who makes it? Yup, Texas Instrument. And there are millions of Fords every year. Each car requires at least 2 keys. Etc etc etc. And the PE is low, and the stock is close to the 52 week low.