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Check out this month's BI
Our question about Cisco has been answered! October's edition of Better
published a letter asking "Should our club's portfolio be sector
weighted?" The response
basically states that unless you have something equal or better to put
the money into, let it
be (pgs 3 &4).
"NAIC's first three principles help you make money, the fourth
(diversification) helps you keep it."
- George Nicholson
Warnings: Home Depot takes the stage
Home Depot (HD) says fiscal third-quarter profit will miss forecasts
lower prices for lumber and other building materials hurt sales. Profit
quarter ending Oct. 29 will be about 28 cents a share, a spokesman says.
company was expected to earn 31 cents, according to First Call/Thomson
Financial. Sales at stores open at least a year will rise about 4%, less
Home Depot's previous forecast for a gain of as much as 7%. Home Depot
shares fell $9.19 to $39.75 in Instinet trading.
- USA Today 10-12-2K