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Strategies & Market Trends : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?

To: C.K. Houston who wrote (3285)	10/2/1998 12:40:00 AM
From: Bill Wexler	Read Replies (1) \| Respond to of 4634

<<Keep on buying that COST and AXP>> Cheryl, that's the first intelligent thing I've seen you write about an investment. I'm not trying to get on your case and be a smart-ass. I mean this sincerely. Take that sarcastic comment about buying COST and AXP (I'll throw CSCO in for good measure) and use it as excellent advice.

To: C.K. Houston who wrote (3285)	10/2/1998 2:08:00 AM
From: Y2k_fan	Respond to of 4634

I agree with you C.K., I shop at COST all the time. There are good and bad things about it. Costo has virtually no service. It would never be a good place for shopping high-end equipment. Their business model does worth a lot. However, I doubt that people would pour in another 30 billion dollars of cash into a company like COST which can have stocking problems like all retail companies do. And I also doubt that people would bother shorting COST like they short DELL. A short squeeze is also unlikely. HD is different, because they carry goods which won't become out-of-date. And their service is relatively better than COST. I think that a lot of people like CSCO. But short-term wise, I don't see another 90 billion of dollars pouring into it. It has already absorbed enough scared money. I have a feeling that the U.S. market will stagger for a quite while just like Japan and Taiwan. It probably will last until after Y2k. For people who have the luxury to retire should not put large portion of their cash into the stock market and should consider taking or stopping loss at this time. (Bill always gives people a feeling that he is really rich.) Rich people should spend some time to enjoy their life and stop gambling in this pathetic market. Just like you are going to do. Best wishes.