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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?


To: puborectalis who wrote (33294)8/21/2001 4:10:08 PM
From: American Spirit  Read Replies (1) | Respond to of 37746
 
I remember Global Marine going bankrupt many years ago at under a buck a share. It's high this year was $35. Just a little perspective. Sure that's a 12 year hold but even after a year or two it was back in the high single digits. What I'm saying is that if you've got patience and you see otherwise great companies running out of cash, maybe buy and hold. Refinancing should come easier with these ultra-low interest rates. We could see 3% before the year's out. Amazing.