To: Venditâ„¢ who wrote (12056 ) 4/21/1999 4:51:00 PM From: Tunica Albuginea Read Replies (3) | Respond to of 41369
Vendit, freeus, great news!!!! I was away and missed market after 11 AM and I am back and look!!: 141 1/2 !!! I was mulling about reselling AOL and at this time ----> no way Jose'. So, new investing strategy: Keep a core holding of AOL now that we broke resistance of 141 1/2. We will smash though that tomorrow on to 150. Buy, YES, BUY more AOL as soon as 142 is broken and TRADE the NEW lot !!! but never sell core holding. Wish me luck!!! As far as Prof Siegel, Profs in general, Academia, restrictive thought process, etc, etc, etc, I have some VERY strong ides about that and at present do not want to be aggravated further in discussing them but I will do that at a later time. For now let us just discuss GMs practices over the years that reduced it's market share from 60% of the US market in the 60's to the current ~ 27%? Such as : payment of astronomical salaries to load on a car door or sweep the floor ( one of my patients made 40K a year with overtime doing, 10 years ago ); all that under the threat of strikes ( i.e. a gun to your head) & management caving in to that and sticking it to the shareholders ( old widows without guns ). Poor planning of gas guzzlers; shoddy workmanship and loss of market share to the Japanese. Payment of inflated health care bills for workers who abused their body through smoking and junk food --> emphysema, heart attacks, strokes, coronary by-passes etc ). Buying steel at inflated prices because of similar union rules at Bethlehem steel that have nearly bankrupted Beth Steel and the US 20 years ago. THAT is the GM we know. Fat and lazy. That is why their stock got dumped and AOL is worth more. Where has Siegel been the last 30 years? I am anxiously waiting for his new article on the Internet on Monday to see if he has learned anything, TA