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To: Allan Harris who wrote (42011)5/2/1998 10:13:00 AM
From: Tom Trader  Respond to of 58727
 
>>What I gleaned from Lynch's books and approach to investing, he would ignore any semblance of market timing<<

You are quite right about this -- Lynch and other value investors of repute, have been unconcerned with market timing.

>>instead, concentrating on individual companies and an in particular, a company's profits, profits and profits<<

I guess my question with regard to Lynch in the earlier post, was whether in today's market environment he would be able to find many real values in the context of the fundamentals. Less to do with the indices and more to do with individual valuations.

>>As for PFE, yesterday sure looked strong. Query: Is there a relationship between Viagra and another leg on this bull market?<<

A recent issue of Newsweek--I think--had something about the name "Viagra"--which I have always thought was a catchy and appropo name. Anyway, it was suggested in this article that the first part of the name seemed to be from "vigor" as in the vigor one associates with youth and the last part of the name from "Niagra" as in the power and force and energy that one associates with the falls.

Re PFE, I took a small position in the stock on Thursday -- the downgrade that day helped me in terms of the entry price.