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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: yard_man who wrote (14877)3/10/1998 12:04:00 AM
From: James F. Hopkins  Respond to of 94695
 
Barry; u got that from that other guys message, I was more in
agreement with him as to the bottom part..were debt was being
paid off etc..lots of cash in IRAs and 401ks.
You right about the disk drive makers having been hit the hardest
but if you tell some one who owned MOT at 90 that her now being at
53 is just being grazed you would likely get a real dirty look.
What if the whole market were down 35% from it's high, would
u call that just being grazed. I think CPQ is off about 37% so
far..INTC hasn't done so bad. Heck I rememember when SEG went
almost chapt 11 once..and I think WDC most did..some years back.
I was building boxes at the time..late 90 or 91..they had
some tough times..you couldn't got SEG for about 2.50..and
WDC for about a buck.
Jim