Teutonic Knight

10 Dangerous Stocks to Avoid

Buffet is a Yesterday's Man.


On Apr 05 03:41 PM Jeff Skilling wrote:

> Gee, if only Warren Buffett had used the Super Stock Screener system
> he could've avoided his investments in BNI and COP.
>
> I bet after reading their SSS's track record Charlie Munger jumps
> ship!

10 Dangerous Stocks to Avoid

Buckoux,

Today we have the Organized Crime, Organized Religion, Organized Labor Movement, etc. So the GEMCO that you described would be no stranger to me as a candidate category to the above.

BTW, the grapevine I heard, IBM has a museum of mothballed computers that houses the most ingenious and innovative of their prototypes. How long could you continue to keeping the customer stupid?

Teutonic

On Apr 04 11:09 AM Buckoux wrote:

> Teutonic Knight: " Some say that some of these companies gear more
> to serving its own executives - a food for thought in the current
> economic environment."
>
> This phenomenon has been so since before General Merchandising Corporation,
> "GEMCO", sold its business guts to protect its senior management
> (in the end they were fired by a new board). Though I am sure GEMCO
> was not the first company to be sacrificed on the alter of hired
> managements perfidy and duplicity, it certainly won't be won't be
> the last.

10 Dangerous Stocks to Avoid

The impending much belated collapse of IBM is often akin to the collapse of the Roman Empire even back in the 1990's. That company managed to survive for so long and even gobbling up so many upstart companies on its way. Some say that some of these companies gear more to serving its own executives - a food for thought in the current economic environment.