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To: Oeconomicus who wrote (2516)3/28/1998 4:47:00 PM
From: Gordon A. Langston  Respond to of 164684
 
Historically speaking:
Perhaps this will be known as the BIG DIP or more euphemistically a "long term buying opportunity"



To: Oeconomicus who wrote (2516)3/28/1998 5:40:00 PM
From: Edward Burgener  Respond to of 164684
 
Thanks. There is no doubt that I am a cautious investor though. Stubborn too, as I still do my own as opposed to paying a mutual fund manager. I guess I represent a boomer in his 50's who is NOT a wild believer in this market, because I have been mauled too often by bears after previous "hot" markets. Been there.. done that... and when you are staring at retirement you do NOT want to lose your capital from one day to the next when your favorite (leveraged) stock drops 40% because of a bad piece of news.

When I look at this stock, and compare it to QCOM, for example, I am just staggered by the difference. Retail is just retail, you are only great until the fads change, or in this case, until two(at least) 800 pound gorrillas have you for lunch. The next Dell? No, I think the next Corel is a better example. Corel's 800 Lb gorrilla was the slow and fat MSFT, but just the same, MSFT squashed Corel.



To: Oeconomicus who wrote (2516)3/28/1998 6:58:00 PM
From: Tom D  Read Replies (1) | Respond to of 164684
 
What do you think will happen to commercial real estate in the next 5 years?

I am clearly no expert on anything, but I would reason that the commercial real estate market would be in for disaster. As some fraction of commerce moves onto the internet, companies will be able to leave the high rent district and move to Kansas or Iowa. Fortunately for BKS, they lease their stores. I have not been able to find any dire predictions about the commercial real estate market to confirm my suspicion.

Tom D