Nozies Pickings
Let Nozie help you to get rich. Here is a selected list of some fine securities that should make for a fine addition to any portfolio. Yikes my pickings havn't been to good as of late but then again whos have.
*AUTOWEB.com (AWEB) - Hold on tight. This company hasn't gone out of
business yet and still has strong cash positions. If this company survived
the dot-com crunch there must be something to it. If you bought it hold it. If
you have money to through away buy it.
AUTOBYTEL.com (ABTL) These shares came courtesy of a buyout of Autoweb.com and are slowly recouping losses. To return to autowebs peak of 40 dollars a share Autobytel will have to reach about 100. Only time will tell if it will grow but 100 dollars a share is not in the future for this dot com.
NOKIA (NOK) - A solid company! The whole worlds going cellular. Its been losing value but it will rebound so long as there are no more brain tumors traced to the people who walk around with these horns attached to their head. The real Cancer results wont be out for 10 years. Be ready to sell in 2010.
Dover Downs Entertainment (DVE) - Nascar, Harness Racing and Slots. How can you lose? Go there! Ha Ha Ha. You will more likely leave with less than you went in there with unless you check out NOZIES HORSE BETTING EMPORIUM first! DVD is still growing and have expanded there operation to other states. Dover downs recently spun-off its racing portion (DVE). Its hard to tell if this will be good or bad or what is going on. Both shares have been spiroling downward but business seems to be good for both companies.
Autoweb.com has announced a merger with autobytel.com.
Nozies Thoughts
Remember when positions of authority had respect?
Who do we blame now for our depleting portfolios. The terrorists rattled us but
we came back strong. Enron, WorldCom! We all knew these heartless bureaucrats
would do anything, and anything to make the bottom line look good. Its
time for these crooks to go to jail and anyone who hasn't gotten caught with
there hand in the cookie jar to straighten up there act. Hopefully these guys
will straighten out the mess they created and no more innocent victims will have
there lifelong savings wiped out. It was bad enough when people just lost there
jobs when they reached there golden years now there savings are being wiped out
too. If they had morals like normal people we would all be better off. Stop
laying people off and acting like the corporate world is your own personal merry
go round. Dick heads.
On-Line Ordering--Not all dot-com companies have gone under. On-Line purchases grew from 2.6 billion in April 2000 to 3.5 billion in March of 2001. Much of the orders were through established business with on-line ordering an extension of their business. But companies like 1-800-fowers is making a profit, and amazon.com should be turning a profit by next year. There is a market out there for Internet purchases and some of these dot-coms will succeed. The trick will be finding which ones are going to be around for years to come. This also makes me put some thoughts into the postal industry, afterall somebody has to deliver this stuff.
International Exposure--OK
OK-- I have some international funds in my
portfolio. I dont know why. I have them so Im going to keep them and hope some
day Im wrong. These funds, at best give minimal returns. When domestic funds
rise so do these. Only, at about half the rate. When domestic funds decline so
do these, at about the same rate. These funds dont seem to offer any protection
in a down market. A better way could possibly buy riskier investments with
potential for bigger returns somewhere like the Pacific Basin.
Except Japan just reached 19 year lows. This strategy has
potential for major losses and is not recommended for the conservative
any invester.
What goes down must go ummmm. Remember Stocks are companies and just because you are along term investor doesn't mean these stocks have to rebound. Many companies will give you solid returns over the long term but not all. Don't get discouraged. Fund allocation and diversification will help you weather any downturns. Hang in there. Don't panic and keep working.
ITS too late now! Just keep buying. Unless you sold a year and a half ago you might as well hang in there. I know , I know, uhgggggggggg unless you need the money.