Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Art of Investing -- Ignore unavailable to you. Want to Upgrade?

To: Nevyn who wrote (673)	5/6/1999 4:49:00 PM
From: Sun Tzu	Respond to of 10604

I will have to check more on YF.A to see if there is any news to cause the recent run up, but I can tell you that I have a buy bias towards YF.A and MTL on TSE. My reasoning is simple, both of these companies have been badly hammered due to external causes (i.e. huge run up in the price of butter milk and huge drop in the price of oil). Yet both companies have superb management who has cushioned the blow as much as possible (esp. MTL). Eventually the tide will turn, and when it does, these guys will double and quadruple within 1~2 years. Even assuming that there is another two years of down turn left here (which I do not believe) you are still looking at more than doubling your money in 3 years. Which is very good returns in my book. As for the cyclicals, I think they've run up too far and too fast. My bias there is towards industrial cyclicals like IR (and may be even FLR) than metals and chemical producers. good luck, Sun Tzu There is no idea so good it can't be ruined by a few well-placed idiots.-- Scott Adams