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Non-Tech : BBY -Best Buy -- Ignore unavailable to you. Want to Upgrade?


To: yard_man who wrote (685)2/2/1999 6:17:00 PM
From: Rainy_Day_Woman  Read Replies (1) | Respond to of 980
 
tippet~

The other trend fund that managers without Best Buy were betting against was the digital revolution

yes

the digital revolution and DVD

why? there are 230 mil tv's in the U.S. alone, a 20 bil dollar a year industry

the new DVD's in the next 10 years will replace every current TV in the states @ an average of 1K per set. that equalls 230 bil $$$. BBY will get a piece of the pie

then there's digital....cam corders, camera's computer peripherals...cha ching

there are other ways to play it also, but i like bby, and the growth
potential

ugly today, but long term it is a great core holding

good investing

foxy




To: yard_man who wrote (685)2/2/1999 8:01:00 PM
From: do123  Respond to of 980
 
I HAVE TO ADMIT, IT WAS A GREAT RIDE. IT GOT ME PLENTY OF SCTC. ONLY PROBLEM IS I NEED TO BE PATIENT. END OF FIRST QUARTER.