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Re: JLSegal post# 8693

Friday, 07/26/2002 10:53:35 AM

Friday, July 26, 2002 10:53:35 AM

Post# of 704041
JLS,
Could you list, say, 4 or 5 (or even 2 or 3) of the 'good' companies that you are referring to in your post (i.e., good co's' w/ solid fundamentals, no debt, lots of cash, earnings well into the black, p/e near single digits w/ double digit growth, etc.). However much the market has come down, there are still a lot of stocks that are expensive out there. What we are feeling now is what the bears like Abelson felt during the rise in the 90s. Except of course, he kept asking how high can it go, and we keep asking how low can it go.

Goodluck


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