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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Stock Farmer who wrote (4797)	6/11/2001 3:16:44 PM
From: pezz	Respond to of 74559

Nope.

To: Stock Farmer who wrote (4797)	6/11/2001 11:29:04 PM
From: pezz	Read Replies (4) \| Respond to of 74559

BTW none of us has a clue about long term investing.Think about it.Analysts spend 40 hrs a week studying the fundamentals of a company and how often are they right? Remember LU? The fundies were so great. They all said so. The future wuz assured .Every body should own some,blab bla. Never mind that they were over priced. If when it was 80 some body offered to sell it to you at 30 was it over priced then based on it's potential? CSCO will probably never see it's glory days of 100pe's. I don't care what the future of the industry is. They are not the industry in spite of perceptions. Too many shares outstanding ........OHS is unbelievable. The days of consistent 40% eps growth are finished. They are too big to grow like that on a consistent basis. Predicting long term is almost impossible for everyone IMO........ Well maybe Buffet