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Technology Stocks : Jimbo's Playhouse/CPQ -- Ignore unavailable to you. Want to Upgrade?

To: robbie who wrote (9786)	12/4/2001 7:03:09 PM
From: Jimbo Cobb	Read Replies (2) \| Respond to of 12662

U boyz (& girlz) want a classic case study N how being a contrarian can lead 2 massive BK ??? Just look at some 1-year charts from stocks in the retail-auto parts sector: finance.yahoo.com A year ago, these things couldn't have been more out of favor, yet it was just the time 2 B buying 'em when they were so hated by analysts, etc. Of course, it would have been hard 2 predict that the economy would have turned so far south, people aren't buying as many new cars so they are repairing old ones, etc, but regardless, the stocks were way too cheap. PBY was at a 15-year low, yet it was still turning a profit I believe. I had it on my watch list, and I think I may have even mentioned it here, but I must admit I never pulled the trigger. Nonetheless...it was a classic case where it was time to BUY OUT OF FAVOR !!!! Jimbo.