Nasdaq has worst sell of in History today and RPM
still Loses 6%. (Nasdaq down 1.77%)
If RPM had
any growth potential it should have gained at least
at a 20% Discount the DAQ Looks like the place to
I bet I have a better chance to double my $$$ in
the Tech Market in the next 5 years than in
RPM is for the old timer who is looking for a fat
dividend. Any one under 50 and is looking for growth and is
very sensative to correction. Try P&G / GE.
Otherwise Blue Chip techs are the only way to
Your post was right on the money!
recently finished a 6-month competitive analysis on the
industry... the bad news for RPM shareholders is it is going
to very ugly in the next 2-5 years. Based on trend
analysis (strategic sales/marketing) they are, quite
frankly, pitiful. Even if they start doing smart things
today...the future will get far worse before it gets
better... and NO I don't own any stock...in fact after my
analysis I plan on finding work elsewhere...no grudge
either...just makes for a smart career move...
lots of money by management? If you have made
lots of money as a contractor that is fine. They do
have a lot of good quality products.
has a long way to go. You have to wonder what will
happen when the next generation takes over completely?
What do you think?
there was an implied threat of personal violence
in the post. It certainly was out of line, and could
be removed by Yahoo! if I requested it to
On CMGI, speaking for myself alone, that security
was used to compare the merits of a "tech" stock to
RPM by "XXX". I brought it up to show the inherent
volatility, and thus risk to capital, in the over-valued tech
market viz a viz a basic materials, "old economy" stock
As for "playing with numbers",
because most posters that slam RPM are actually
suggesting short term, or day trading, tactics rather that
"investing", I refer to the NASDAQ-Comp as a benchmark, again
to show the extreme volatility that can occur when
the market does not continue to perform as it
"always" has [i.e. those techs don't always go up,
eventually will have to be valued more along fundamental
terms than upon relative terms, each company having to
support its stock price via the "old" method known as
earnings, etc. Sky high stock prices, especially on margin,
cannot continue. Obviously, recent market movement is an
indication of a change in weather...we are beginning a bear
market in my opinion.
As for bringing up RPM over
a five-year period, in my specific case, that
doesn't apply for the following reason: I stated here
earlier, I sold my holdings in RPM immediately after RPM's
last announced split. Actually, not immediately, since
I held the capital gain over into January of the
following year for tax purposes. My position in RPM was
initiated in 1991, with several subsequent purchases during
that time frame. Also, as stated, I recently
repurchased RPM as a portfolio diversification to lessen fisk
exposure to the high techs. The performance of RPM during
my hiatus, other than creating a current
undervaluation that can be expoited, has little to do with
conditions going forward into the market environment of
inflationary pricing and rate hikes. Thus far, this RPM
strategy has worked, at least for me. As stated, I am
profitable on the investment. This does not imply that I do
not have tech stocks, nor large cap stocks. I have
several, mostly communications related. And it does not
imply that I do not intend to acquire tech stocks in
the future. Valuation is a determining factor...for
me. Momementum means nothing other than heartbreak
for a majority of American households employing this
At any rate, the post implied a
physical threat. My response to it, appropriate or not, is
a guarantee of probable outcome should the
threatened violence actually be attempted.
threaten? I must have missed it, because I
re-read the post three times and I can't find it. Please
As for the rest of his message, he did point out an
intereting point about everyone who posts on this board
being long and still bickering like school children.
That being said, I didn't particularly agree with the
gay bashing manner in which he delivered his
On a seperate note, The person (MR Newman), whom I
believe is using a second alias (I have inkling as to who
it is), seems to dwell on a comparison with CMGI. I
question this comparison and his reasons for posting. All
his posts are usually vulgar and disrespectful of the
poster. Some of them may be deserving, but why revert
back to the same form that you detest. I await Mr
Newman's comments on the stock and the company and ask him
to refrain from using the second alias to play in
never ceases to amaze me that people shall
RPM on this and other boards ie money invested
elsewhere has/had better return. my tech holdings are doing
better than RPM but then the techs have not seen a bear
economy, with indicators down in FEB we be heading
if you don't cotton to RPM then fine, if you are
unable/unwilling to post something to add value to the discussion
please exit and take your cranial diarrhea with thee.
What I am tlking about is you say RPM performed
well yesterday when it suits you. Or RPM has been a
great investment if you held it for 15 years. The fact
is, the stock performance sux over the past two
years. 3 months ago you would have trashed anyone who
compared the rate of return on the NASDAQ to RPM saying
that they were different. Yesterday, when the NASDAQ
had a bad day, you started comparing the
You must be a "journalist" or a "teacher" because you
seem to know everything and think you can twist facts
and words to "prove" a point, but in fact you are
Someday you will slip and actually be sarcastic to
someone in person and they will slap your fag ass off
Until then, enjoy surfing the
internet for porn and posting on message boards you
I am gone off this board and won't
be back to read any of your crap. I don't own this
garbage and after looking at it, wouldn't touch it with
your money. It is funny. I monitored this board and I
can honestly tell you that no other board is quite
like it. Other boards have the long/short battles, but
I have never seen long/long battles like you have
here. Some longs have come to the conclusion that the
stock sux, but for some reason they don't
Ps Bite down harder on the pillow, or get some KY.
The neighbors can hear you.
the NASDAQ Composite did indeed turn red for the
year 2000 as it busted through assumed "firm support"
I have no clue on whatever else it
is you're talking about, other than that, through
your unwarranted profane outburst here, you expose
yourself as an imbecile.
Apparently, you're upset
with the fact that my investment in RPM is postive,
this after a great hue and cry here from obscene
posters such as yourself about how "bad" an investment in
RPM is. For the record, RPM survived right well
yesterday under the circumstances, and has recovered well
enough indeed today. I think RPM will continue to
outperform a ridiculously overvalued tech market into the
next two quarters. You're free to believe whatever you
want. Far be it from me to prevent you from proving
your idiocy here.
>>Nasdaq has worst sell of in History today
and RPM still Loses 6%.
>>If RPM had any
growth potential it should have gained at least
If what you say is true, you should be able to name
scads of defensive stocks that gained 10%. Obviously
Go ahead, use plenty of margin on
your earnings-free tech portfolio. And don't answer
the phone on days like this.
I'll tell you this much though, I'm still
profitable on my investment in RPM!...up to this point.
Thus, RPM has indeed outperformed the near term market,
and Schroder's upgrade call was correct.
point about "worst NASDAQ sell off" versus "RPM down
6%" makes little sense if, in either case, you held
the index or the stock. Besides, NASDAQ is in the red
so far in 2000, isn't it? If you were trading that
index today, it probably wouldn't have been a good day
to answer the phone!
RPM's portfolio value is
that it lessens risk. Clearly, posters have to see the
extreme volatility in the NASDAQ market? RPM relatively
speaking was FAR less volatile. And relative to a
comparison to CMGI [since that WAS used as a benchmark
against which to compare RPM here] I'm STILL profitable.
No way can a claim made about an investment in CMGI
at $120 is profitable now...it hit $70 intraday
today! RPM hasn't shed THAT much percentage wise in a
year's worth of trading! And, least it be ignored,
there's that RPM CASH dividend that is scoffed at by, as
Al puts it, those "earnings-free tech
This fight ain't over by a long shot, given that break
down of NASDAQ-Comp "support" two times today.
Tomorrow the market might well be up over today's close,
but this is a bear market you are in...and
fundamental valuation, not "relative" valuation is now the
key to protecting capital. But do go ahead and leave
your provisions on the picnic table. The bears will be
around shortly to releave you of them...hope you didn't
hike too far into the back country...hiking takes
energy...you might sorely miss that grub the bears took down
the trail aways.