January 2, 2001 |
Lowe's Cos. (LOW) Jim: Buy Mike: Don't buy Mike: I don't know about you, Jim, but I've noticed around Southern California that there's a new store anchoring a lot of these new malls: Lowe's home improvement stores. I think of stores like Lowe's and Home Depot as lumberyards with a college education. Jim: You know, this might be a knock on any other company, but Lowe's is almost a Home Depot wannabe. Mike: Almost? That's exactly what Lowe's is. Jim: All right.
July 11, 2000 |
Sara Lee (SLE) Jim: Don't buy Mike: Buy * Jim: It's a good thing that Sara Lee's new chief executive is trying to turn this company upside down, because if he wasn't I believe Sara Lee would soon succumb to a new owner that would. Mike: Now Jim, before we continue with all that important corporate stuff, let me start by saying I think of Sara Lee as an old friend. Jim: My, so warm and fuzzy today, Mike. Let me guess.
July 6, 1999 |
Today's column takes a look at some of their previous calls. * Jim: We decided against our better judgment to once again review some of our past recommendations. Mike: We last did this six months ago, and we're doing it again now because it's been about a year since we started this column. Jim: Now, the last time we did a review we got a lot of letters questioning our ability to pick stocks. And I think it's important to remind everyone that that's not what this column is all about. Mike: Right.
July 4, 2000 |
Reader's Digest Assn. (RDA/RDB) Jim: Don't buy Mike: Don't buy * Jim: When it comes to Americana, Michael, I can't think of any more tried-and-true name than Readers's Digest, correct? Mike: Did you say tried and true or trite and true? Jim: Snippy right out of the box today, eh? But you're right. To many people, Reader's Digest isn't just old, it's musty old--as in not being of much use. Mike: That's right. When you flip the pages of Wall Street reports on this stock, moths come flying out.
April 11, 2000 |
Microsoft (MSFT) JIM: (Don't Buy) MIKE: (Buy) * Jim: Well, Mike, we're taking another look at Microsoft today, and it's only the second time we've revisited a stock we've already reviewed. Mike: Ironically, the first time was when we reconsidered Microsoft's archrival, Apple Computer. We both recommended Microsoft's stock last summer, but it seems there's been a spot of news lately that warrants a chat about whether the stock is still a buy.
October 19, 1999 |
Yahoo (YHOO) Jim: Well, Mike, we're back to one of our favorite topics, Internet stocks, and there's no bigger name in the business than Yahoo. In fact, you could say it's the market's Internet bellwether now. Mike: I suppose so. But to me, Yahoo is the quintessential situation in which you can love the company and hate the stock. Jim: Then you'll probably be surprised that I like this stock. Mike: No!
May 16, 2000 |
International Speedway (ISCA) Jim: Don't buy Mike: Buy * Mike: Our first stock today, Jim, is International Speedway, which I believe must be one of your personal favorites. Jim: The sport is one of my personal favorites. Mike: And the sport of course is NASCAR, which is to say, stock-car racing. Jim: That's right. Mike: Now, does it mean anything that when I turn on the TV today, the guy I see hawking all those cheesy, cruddy products that Michael Jordan used to shill for is now Jeff Gordon?
April 18, 2000 |
Healtheon/WebMD (HLTH) (Jim: Don't buy) (Mike: Buy) * Jim: Friday's sell-off didn't much help our first stock today, Mike, Healtheon/WebMD-- Mike: Boy, that name's a mouthful. Jim: --And I was just about to say, can't they do something about that name? Mike: Be grateful it's still that short, given Healtheon/WebMD's penchant for buying one company after another. For all we know, six months from now it might be HealtheonWebMDMedicalManagedCareInsiteHealthNetwork, or some such.
November 7, 2000 |
Darden Restaurants (DRI) * Mike (Buy) Jim (Buy) Mike: I have to admit, Jim, that I've never been in a Darden's restaurant. Jim: Isn't there one in your neighborhood? Actually, Darden Restaurants is a holding company for two chains that are familiar: Olive Garden and Red Lobster. My view, Mike, is that the only thing harder than running a restaurant is picking a restaurant stock that makes any money in the long run. But I'm going to start with my entree first, and say I like this stock.
October 3, 2000 |
Alcatel (ALA) Jim: Buy Mike: Buy * Mike: Alcatel is the second-largest French company in terms of market capitalization, Jim, and here's this week's puzzler: Can you identify any other French enterprise of such size? Jim: Uh . . . Mike: I thought not. Jim: Actually, this is the first French stock we've done, no? Mike: Well, most Americans probably don't think of the French as global industrial leaders. Jim: Let's just say it's a good thing Alcatel doesn't make cars.