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Biotech / Medical : The thread of life -- Ignore unavailable to you. Want to Upgrade?

To: scaram(o)uche who wrote (420)	9/17/2002 6:42:37 PM
From: Mike McFarland	Read Replies (1) \| Respond to of 1336

<Sacred cows> Well, I think I had MacDonalds in mind when I posted that, after seeing a blurb that they warned...hamburger, etc. heheh And add Pepsi to the cows list--my broker is always selling that one, forget it!* I can give you my thoughts, just off the top of my head--keep in mind, I used to look at Value line a lot, but don't anymore, and I am basically very out of touch. I like to post a few messages here on SI, just to say hello, but I am an idiot. That's why I pretty much only have 2% CDs--I'm not clever enough to root out real bargains. Well, not enough time really, Miss M keeps me hopping. Yes, I will say that instead <g>- So...just for giggles... I would stay away from the auto makers-they look cheap at first glance, but the next five years are going to suck--the last four years have boomed, now everybody already has a new car and the Koreans are starting to come on strong. I saw a news item just today that Chrysler was idling a couple plants. GM is probably the best of the big three, so if you had to own one, I'd look there first. I would not touch airlines and transports. I used to follow Burlington Northern, I might glance at that again and some of the others, now that I think about it, second thought, no opinion. Retailers: I dumped my JCPenny and the damn thing doubled off its low. But I would not own it now, or anything else. Locally, we have Nordstrom, which is not doing well. Costco does well though no matter the economy. Online retailers: Ebay okay? Brokerages, yuck. Semiconductors, yuck. Mining, already ran. Defense, no thanks! Restaurants, Buca doing well, maybe that one? Biotech, well, there have to be some really tasty and nearly free speculations out there! I hold a little tiny bit of tgen, lynx, gzmo, and a handful of other things that are down 80%. Just thinking out loud--suppose the economy really tanks, and there is a tendency to go the direction of the Japanese large infrastructure make work projects; maybe construction companies that are not as tied to the imminent housing slowdown will be okay. Concrete companies? One thought in my head a lot lately is that there is a lot of overproduction, perhaps similar to the 1920s industrial boom. So, I need to do a little reading about the great depression. If I were king for a day, maybe I'd open the border with Mexico, and start printing money. Instant growth. You now owe my two cents Rick;-) .... *disclaimer, I am currently drinking a diet Pepsi, and I think I still have the Britney Spears jingle ringing in my head. heheh