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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Ilaine who wrote (37262)	11/23/1998 4:41:00 AM
From: accountclosed	Respond to of 132070

Coby, I always looked over the accident stocks. Earnings disappointments, stocks in industries that were supposedly in deep trouble. Basically stocks that were down 30-40-50% from their year highs. And then I only wanted stocks that were #1 or #2 in their industry. I bought INTC when the pentium flaw was announced. Others: CSCO, CPQ, SEG, ORCL. I think if there is reasonable management in place and strong financial resources, the industry leader is very likely to recover as the industry downturn abates. But remember I wasn't buying just because I found a good company, it was after the accident in stock price had occurred. BTW, bragging is ok. Just expect your friends to point it out to you. It really might become a signal to you that it's time to reevaluate what to do next. :-)