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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: BANCHEE who wrote (50381)4/12/2001 2:58:19 PM
From: American Spirit  Read Replies (1) | Respond to of 57584
 
Nice safe buy here is SBC. It's held 40 very well and is at 40.70 now. Low PE, dividend, cash machine, wireless, DSL, internet, you name it. Just a nice safe stock for anyone torn about what to do now. VZ also of course around 50.
WCOM looks good at 19 as we can't expect it to go back to the mid teens. Maybe on a profit-taking day you get it for a buck cheaper. Maybe. Low rates means re-structuring their collosal debt. And of course they want to be taken over.
Also like EMC at around 30 for a trip back to 39 or so short-term.

For the more daring I'd suggest LU, YHOO and NOVL as possible doubles this year (or portion thereof). Or anything similar. Expect LU to hold 7 and start inching up now as long-term investors come back in cheap and wait for that once-great company to get off the hook. Could be a quadruple within two years. Just an example.

I may sound 100% bullish but I know three is risk. Take your chances and go with your gut. That's all we ever can do. My feel is that we're out of the woods now so why miss the ride?