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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: poodle who wrote (14483)	10/7/1998 9:00:00 PM
From: Roger A. Babb	Read Replies (2) \| Respond to of 18691

Poodle, thanks for the nice words. My business is a privately held group of family businesses, some of which go back 150 years. Each generation passes it to the next with the admonition to: "profit and enjoy, but pass it to the next generation larger and stronger" My Dad led the business through many bad times as well as good times. He always expanded the business during the bad times. He did not want to divert attention to expansion during the good times, said those were the times to make maximum production. Machinery and labor for new projects are easier to come by during bad times. It was good advice then and still holds today, thus construction of our new plant is scheduled for the recession year of 1999. Should get some low interest rates then too..........