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nutsaboutgolf2001

07/26/05 9:47 PM

#17363 RE: avandalay05 #17362

Long Term View On XWG? Gosh I don't seem to have a long term view on anything these days. This company doesn't look all that much different than it did when I originally bought in at $1.86 except that it's stock price is an awful lot higher. Seems it got the FORD fever for lack of a better explanation. But here's my thinking - MOT doing really well, yes but it's stock price isn't up anywhere near as much, meanwhile Nokia and Rimm are hurting so there's no free lunch for long, competition will assure that. So do we think a distributor of accessories can make easy money without attracting competition, my guess is not for long. I know lots of distributors that did really well for awhile and then fell apart (e.g. SEMI). But I'm out primarily because the chart looks scary, it's a long way down to good support; but if it does fall off the cliff, I'll probably re-enter.