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Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?


To: MythMan who wrote (4552)8/27/1998 5:20:00 PM
From: yard_man  Read Replies (2) | Respond to of 86076
 
We won't tank like rummy markets, MM. Even I don't think that, but a good 30 or 40% before we head into a recession is possible.

I thought you would enjoy this:

cnnfn.com

>>MARCHINI: The correction may, in fact, be
over. If you were going to plow money into this
market right now, pretty clearly, you'd put it into the
large-cap stocks. But what sectors do you like the
best?
BEARD: I think we're going to have to look at
some of the technology names because they have
been beaten down a lot. One of our favorite names
for now is Micron (MU). It's a stock that's probably
forgotten by most people because it's been in a
three-year bear market itself. Prices are rising. The
Asian crisis is affecting supply in terms of these
companies not being able to buy equipment to
produce supply, whereas Micron is able to. And
also, this company now is the largest market-share
producer. <<



To: MythMan who wrote (4552)8/27/1998 6:20:00 PM
From: robnhood  Read Replies (1) | Respond to of 86076
 
MM,,, rummy markets

<< Nor can the US remain unscathed like a fireman in
a fire-suit while an inferno rages about him.>>

Message 5605060

russell