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


To: Knighty Tin who wrote (45549)2/3/1999 11:34:00 AM
From: upanddown  Read Replies (1) | Respond to of 132070
 
Geez, Mike, do you have to keep mentioning BBY ?<ggg> Almost exactly 2 years ago, I had a bid in for 3K at 8 5/8 (pre-split !). The ask reached a low of 8 3/4 and then started up. I declined to chase it.
quote.yahoo.com
The stock was universally reviled by WS and was selling for less than 10% of annual sales. Its a 20-bagger in two years and WS loves it now that it is wildly overpriced. Whenever I start to doubt the "buy 'em when they hate 'em, sell 'em when they love 'em" strategy, I have only to think of BBY.

John