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Non-Tech : InvestRight Club Challenge

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To: mark garner who wrote (1619)	4/23/1999 8:23:00 PM
From: Jeffrey L. Henken	of 2662

Mark FCM is on the Index. I really expect it to take off anytime. All you need to do is read the thread header to find the InvestRight Index as I had it added to where it could be very easily found. To make things easy here it is for you and anyone who wants to look: techstocks.com It was a big day for many a stock on the InvestRight Index: Gator's favorite pick EBLD was up 44% Francois Goelo had a great day! SLEU was up 21%, TLTG was up 19%, VXCH was up 28%, XNET was up 16% mike.com had a great day with IATV roaring back up 25% Here is what gets a stock removed from the InvestRight Index. If it's a stock below $3 and it drops more than 30% then it's removed. If it's a stock above $3 then it has to drop only 20% to be removed. What I am attempting to do with these rules is to point out that investors should reduce their risk by not allowing downward momentum to totally wipe them out. Just because a stock is removed from the Index does not mean it cannot be put back on. For instance I removed GTII today but at the same time I wholeheartedly feel this stock is a strong buy at 5 3/8's. I have personally met the CEO of this company and have complete confidence that this stock is every bit as undervalued at the nearly $12 book value says it is. I also removed FAXX earlier in the week. At the same time I am increasing my position while others sell. I am not doing this because I'm trying to increase my losses. I'm doing it because I feel very strongly that FAXX will turn out to be a long term winner for me. I have averaged down on other stocks before in the face of a great deal of criticism. Take CCSI as an example. Here is a stock that has been shorted so mercilessly that it's hard to find anyone saying anything positive about it even now that it's really looking good again at 12 5/8's. I was buying last year at $3 a share when others were throwing it away. I would really like to thank all my friends here that I have met through Silicon Investor. This thread has been a real eye opener for me. It's true the InvestRight Index is not an actual indicator of anyone individual's investment prowess. Standing at a nearly 78% gain for a few months work may, or may not, sound like a lot of money but I can tell you that I do have friends like Francois and Brenda G. who are far surpassing the gains that I have associated with the stocks on the InvestRight Index. My hat goes off to them. These are rare individuals with incredible gifts who have taken the time to share their wisdom with me and many other investors. Regards, Jeff

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