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


To: GraceZ who wrote (6447)7/31/2001 1:22:15 AM
From: Ilaine  Respond to of 74559
 
You're absolutely right that some stocks are at or near multi-year highs. General Dynamics is one (GD). Elan (ELN) is another. These are excellent companies I've had my eyes on for a long time.

I can't generalize, because I don't have enough experience. Can these companies rise above the storm or will they be crushed with the rest?



To: GraceZ who wrote (6447)7/31/2001 1:18:59 PM
From: LLCF  Read Replies (1) | Respond to of 74559
 
I'm not laughing at the fact that some companies are doing great... some do even in terrible bear markets. It's the stat you presented seemed a bit meaningless... no time frame etc.

<There's a lot of companies in there whose stock isn't the only thing that is up.>

What, the CEO's are "up" late??

I expected to find a lot of defensive anti-tech that were low growth and had declining revs and margins in the ones that were up 100-200%. Lots of them have expanding margins even when they have declining revs. This really surprised me. >

IMO expanding margins with falling revenues may be a red flag.

DAK