You know the Girlfriend was delivering the
secrets to her boss that is why she was dating a stupid
Indian hell she could have had a smart goodlooking
But the Indian a typical Jar head in
And now you know the rest of the story
January I recommended VSIN.OB when it was 31
cents a share. Did you buy any?
Check it out,
this is a dog meat stock that is traded on the pink
sheets and now sells for $3 7/16.
That is a ten
bagger in six months. I guess you don't want to think
about that, do you? Buying enough of this 31 cent stock
could have made you some real money. Think what 10,000
shares would have cost and then think what it would be
worth now. Think about it. Think real hard.
don't usually deal in pink sheet stocks but this was an
exception. I tried to get Bowboe to buy some. As far as I
know, she never did. Instead, she bought KO and is up a
few dollars a share.
I do appreciate the tip
on OWC. The extra money came in handy when I needed
to unload something. It was just luck that when I
looked around, it was the stock that looked the weakest
and I sold it. Got lucky twice. I bought low, not the
bottom but low and then sold high. Exactly how it is
supposed to work but usually doesn't.
CAT. I'm down right now on that investment but
I'm still buying.
Look at the PE, it around a
12 and the yield is almost 4%. Dividends are about
50% of profits and so they ought to be safe.
Remember, CAT just increased its dividend.
look at KO, its dividend for the past tweleve months
was greater than it income. That does not sound like
a secure dividend if it continues.
CAT because it has value. Good earnings and a
reasonable multiple. Just because it is down now, does not
mean it will not be higher in the future.
KO, at some point, KO will go beyound $80 again but I
think it is going to be a long time.
bring up CREE. I'm still holding it. I'm way up but it
was much higher. Think about it, I could have gotten
out with much more money. Of course, you know I'm in
at $11 and don't want to bring that up.
about CBRL. Last December I told this board it was a
good buy. Did you buy any? You could have earned 50%
on your money.
Once again, I try to buy
value and then I ride out the dips. I've purchased CAT
several times but since I've bought CAT mostly at two
prices, near $40 and at $35, I'm not hurting with CAT.
Come to think of it, with dividends, I might be even
or up a little. I'll have to check on that.
Have a good day. By the way, if I didn't post here,
who would you post to?
...our dear sir ogden has taken a bit of a hit on
the CAT thing...so may be in a bit of a grumpy mood
heh.....and the fact that he didn't buy KO at 43.......hope
his r/e investments in savannah and sea island are
going better for him...(maybe the image of ogden in a
tent on sea island will bring a bit of humor
here).......roi tells the whole story.....best to you,
a girl friend who worked for the KGB. That is
none of my business.
Marines can date who they
want to. But, if they date someone more than a certain
number of times, I think three, and work for an embassy,
they have to report who they are dating.
remember reading about this case but not the details. If
he is in Ft. Levenworth, it was not because he dated
someone working for the KGB. He must have provided her
with sensitive information. If that is the case, he
belongs in Levenworth.
As for social classes. It
isn't hard to know you are not someone I would want to
associate with. You just are not a very nice person.
Someone did a very poor job of raising you.
(I doubt I would have known you anyway. I'm
pretty sure we travel in very different social groups.)
Thats the nicest thing you ever said to me . But I have
circle of friends in your class but I don't lend them
money so don't get your hopes up.
didn't actually know the Marine I just knew about him
had a Russian girl friend who worked for the KGB.
I guess he is still in Ft. Levenworth. got 20 years
in the early 80's ( That is not my social group) how
about you ?
It does not matter that 5 to 8 million shares
change hands each day. Every time an exchange takes
place, one person believe the stock is going up and the
other believes it is going down. That is why there is a
Now, if there is high volume and the stock rises, that
is an indication that there are more buyers than
sellers but since KO has traded in a range between $45
and $65 for a long time, it does not appear that the
market does in fact see higher prices. What we have are
two general beliefs that contradict and that is why
you see the volatility.
As for KO's high PE,
I already explained that to you. KO had write-offs
last fiscal year. The PE is based on trailing earnings
and don't take into account those write-offs.
Therefore, the PE is actually lower than it appears if the
write-offs are factored. How many times is it necessary to
explain something to you?
I did not serve in the
Soviet Union when I was in the Marines. I was discharged
from active service in 1966.
I doubt I would
have known you anyway. I'm pretty sure we travel in
very different social groups.
So what you have that opinion and the market has
another so what.
What you believe is not
Your opinion is subject to error or are you
The fact of the matter is the price the market is
willing to pay is in fact the value of the
My point is you started bashing KO when it had a pe
of 40 the market says it sees a justification at
5 to 8 million shares a day that is the market
You disagree that is
Now that you have posted your opinion and you have no
vested interest in KO.
WHY IN THE HELL ARE YOU
AFTER 2 YEARS OF NEGATIVE
YOU ARE A JERK KNOW-IT-ALL POMPOUS ASS.
is my opinion you can take it free,
The Embassy thing was:
an Indian that was in the Marines that worked there.
wrong Indian I guess.
you can get.
To compare HD and KO when it
comes to pe is meaningless. HD is growing at a rate of
25 to 30% a year. KO for the past several years has
actually contracted. With growth of 25% a year, HD will
double in less than three years. KO cannot do that.
HD deserves a higher PE than KO but at this moment,
KO has an 87 PE. Even if it doubles its profits this
year, its PE will be in the 40s.
We do agree on
one point, HD's pe may be too high. But, as I've said
many times, I am a buy and hold investor and I've held
HD for a long time. My capital gains are great
enough to make it worth waiting out dips. This is only
true because HD is growing. If HD's prospects were
like KO's, I'd bail out and pay my capital gains.
KO will never again grow at the rate that HD is
growing now. KO is already in most countries of the
world. At some point, growth has to slow down.
fact, if you read some of Daft's announcements, he even
stated that profits and not growth will be KO's future
goal. He realizes that growth is not limitless. The
company talks about volume growth below 10% as a goal and
hopes for profits to increase by as much as 15%. These
are company stated goals. Now, with those goals,
explain how KO should have a higher PE than HD. Even
more, explain why KO is worth an 87 PE.
give you some help on this. KO's profits last year
were artificially low. The company took write-offs on
Ivesters' watch. Therefore, this year the company ought to
see significant increases in profits. But, what about
The write-offs were a single event
there is no second year impact.
I might be a
pompous ass but at least I'm an informed one. Now,
exactly, what factual investment information have you
posted? My memory slips me on this. I cannot remember one
single point. Surely, I'm, mistaken. There must of been
at least one point.
AS for Russia, I've been
to the Soviet Union twice and went back to Russia
and Belarus after the USSR went out of business. Just
what is your point about the embassy?