[Search for users] [Overall Top Noters] [List of all Conferences] [Download this site]

Conference nyoss1::market_investing

Title:Market Investing
Moderator:2155::michaud
Created:Thu Jan 23 1992
Last Modified:Thu Jun 05 1997
Last Successful Update:Fri Jun 06 1997
Number of topics:1060
Total number of notes:10477

687.0. "Top Ten Ways to Lead the US to Prosperity" by BROKE::SHAH (Amitabh "Amend Constitution: ban DECAF") Tue Feb 22 1994 15:49

Yet another "Good bye". At the end of this week, I will be taking a leave of
absence to return to India for at least a year.  

This has been one of the most enjoyable notesfiles I have participated in. 
I wish I had more time to give to investing. I might do that for a career 
change :-). I do hope to participate in the economic boom that India just
seems to be entering. 

Before I leave, I wanted to contribute two things:

One, an obigatory investing suggestion, after all this is the Investing
notesfile. 2 "stocks" which are my "Peter Lynch" companies. Neither has gone
public yet, but IMNSHO, will do very well for their investors. 

one is Transarc Corp. based in Pittsburgh PA. They make software for 
transactions processing. Their software (Encina) is fast becoming the de facto
standard in the industry. Indeed, theirs has been a story of a David beating
several Goliaths, including IBM and Digital. Their CEO is an exceptional leader
and a real motivator for the employees. Highly talented staff, and one of the
lowest cost of operating, being based in Pittsburgh. They have substantial
backing of bigwigs, including IBM. They are likely to go public in the
next 6 months or so. 

another is Wegmans, a family run Supermarket chain in the Upstate NY area 
(where I lived for 7 years). They have humongous supermarkets with excellent
in-house bakery, pharmacy, video rental, and tremendous selection, including
hard to find international foods. They have the best produce, best prices, and
a loyal customer base. They treat their non-unionized employees like human
beings. Whatever town they move in, they take over the majority share and wipe
out the competition. 2-3 years ago, their revenues were just over 1B, and were
growing at the rate of 15-20% per year. I don't know *if* or when they are
going public. 

Second, my own socio-economic-political agenda that I believe will make this
country economically stronger. Being a Letterman fan, here's my (mostly
serious) Top Ten list of ways to lead the US to Prosperity:

10. Line Item Veto for the President

9. No tax breaks for religious organizations

8. Scrap the Affirmative Action and the Welfare programs and put the savings
   into quality primary and high school education, healthcare, and crime
   prevention in the inner cities

7. Limit defense expenditures to at most 5% of the GNP

6. Remove the tax breaks for "borrowing" and add tax breaks for "savings"

5. Term Limits (at the most 2 terms) for all elected public officials

4. Pass the Equal Rights Amendment

3. Amend the Bill of Rights to nullify the right "to bear arms" and to make
   it illegal to possess any semi-automatic or automatic weapons

2. Ruth Bader Ginsberg / Cassie Seifert for President / Vice President

and the number one way to lead the US to prosperity is ...

<drum roll please, Anton> 


1. Constitutional amendmend to ban drinking of DECAF.

T.RTitleUserPersonal
Name
DateLines