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Technology Stocks : John, Mike & Tom's Wild World of Stocks -- Ignore unavailable to you. Want to Upgrade?


To: John Pitera who wrote (2798)7/11/2002 11:39:10 AM
From: Logain Ablar  Read Replies (1) | Respond to of 2850
 
Great to see the 3 amigos posting again. Hope all is well Mike.

John - The miners have had a nice run but if memory serves Heinze indicated even the miners will sell off in the final market flush. I've been out of um on the spike to $328. Have to see if gold can hold above $300 area.

Remember we were talking about F in the low 20's and the chart was saying to stay away. Look now, dividend cut and in the low teens. If we are heading for a consumer recession this stock should be avoided like the plague. Its @ this level and the industry is having what its 2nd or 3rd best year. Not a good sign for the overall health of the company. My current volvo has 152k miles with original muffler. Hey they only paid $5B for volvo.