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To: Larry S. who wrote (38977)3/27/2002 7:26:26 AM
From: Ron McKinnon  Read Replies (2) | Respond to of 53068
 
>>>Is the fat lady singing?

I couldn't bring up that article but can guess what it said
just like stocks get "broken" so is Janus
from fame to the woodshed

the massive $$$ flow out of tech and into consumer based "safe" stocks continues

KO is the poster child for this shift
during the dotcom craze it was hated
fell 50%
now it is loved, up 20% in the last few weeks alone
so today the new paradigm says to buy a 10% max grower that is selling at a P/E of about 30 times
BUD is a ditto

you and I have been around long enough (some might say too long) to have seen these swings that go way too far in either direction

in time it will all revert to the mean