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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Haim R. Branisteanu who wrote (37547)2/20/1999 10:41:00 AM
From: Kip518  Read Replies (1) | Respond to of 94695
 
There's another old story -- about the two historians standing on a bluff overlooking the Waterloo battlefield. One says the spot is important because the great Napoleon had stood there. "No," the second replies. "It is important because Napoleon can never stand here again." After its spectacular rise in the 'Twenties, RCA stock crashed below 10, an ignominious level at which it still stood in 1947. In 1960, with a $1 dividend, earnings of $1.97 a share and a strong position in TV receiver sales and with its NBC network doing well, RCA traded as high as 78. But by the mid-1980s, prior to its takeover by
General Electric, RCA had fallen back into the low 40s.

In other words, when it had nothing but promise, RCA was a $573 stock.
Three decades after the promise was realized, it was going for less than half its 1929 high. Think about that when trying to assess the prospects for some of today's highflyers.


interactive.wsj.com (subscription required)



To: Haim R. Branisteanu who wrote (37547)2/20/1999 10:43:00 AM
From: William H Huebl  Respond to of 94695
 
Haim,

Ho-hum. We knew what we were getting when we ordered up BC.

The country can stand him, the questions is, can our fore-fathers' institutions?

Bill



To: Haim R. Branisteanu who wrote (37547)2/20/1999 2:01:00 PM
From: Terry Whitman  Respond to of 94695
 
Haim- In case you haven't noticed . NOBODY cares (or at least the polls say so)-g- Slick has been cleared. There are no felonies which he can be impeached for (exc. treason or bribery and I'm not so sure about those). This will Make the Nation's most admired woman, the Hillary, even more popular - for her trials and tribulations. -ng-

This market and this political system are on a one way ride to doom city- and You and I are powerless to stop it. Which way is it to the Y2K end of the planet thread?-g-

I'm going to propose an amendment to the constitution. We'll replace the executive and legislative branches with Gallup and AP Polls. We will only need some technicians in the white house to push buttons and keep the computer systems up.



To: Haim R. Branisteanu who wrote (37547)2/20/1999 3:25:00 PM
From: yard_man  Read Replies (1) | Respond to of 94695
 
Been on the wires for a long time ... people don't care if we have a rapist for Prez as long as their mutual funds are going up. NBC sucks!