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To: Sonny McWilliams who wrote (21089)9/29/1998 10:48:00 PM
From: Sonki  Respond to of 27012
 
sonny, i bot mrk, lu and CPQ. i will probably sell LU and CPQ if i get a few bucks. i should not have bot LU. that whole sector is sick. cpq is a good buy and hold but who know if i get trigger happy i may take 2-3 bucks and get out.

ok now pharm looks like this:
pfe, wla, mrk, bmy, ...i would love to own sgp but i guess i have to wait for a pull back.

no sap yet. i m watching it. just can't own everything.
with growth slowing you just don't know what is the correct pe to apply to stock. i think forward pe is 50 and only msft deserves to be next msft. sap can be next sap. $40 looks tempting but there are too many tempting stocks right now. debating and watching....



To: Sonny McWilliams who wrote (21089)10/2/1998 1:33:00 AM
From: nihil  Respond to of 27012
 
RE: WCOM write off

The much lower than planned write off means higher profits (and taxes) now and lower profits than projected in the future owing to the decline in taking of premature expenses. The classic view predicts a decline in stock price tomorrow. Let us see.