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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Robert J who wrote (19410)5/13/1998 10:25:00 PM
From: Dr. Bob  Respond to of 70976
 
Bob,

You posted: "I liked when Mr.Morgan said that in 1987 things looked very bad, similar to today. He also said for every $ invested (in 87) brought you 50 in return. Unless I misunderstood him."

Yes, but remember too that he said this stock was a good value last year when it was at 50. I think he is an excellent manager, but he has very little ability to predict short term moves. With an 11 year horizon, though, he does OK <G>.

Bob



To: Robert J who wrote (19410)5/14/1998 1:52:00 AM
From: H James Morris  Respond to of 70976
 
<He also said for every $ invested (in 87) brought you 50 in return. Unless I misunderstood him. >
History is like a cancelled check. It has no value.


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