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Non-Tech : IMP, Inc. (IMPX @ 7 1/8)A sympathy play with IOM??
IMPX 6.210+13.3%Oct 22 3:59 PM EST

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To: Xavier who wrote (2515)9/18/1997 4:25:00 PM
From: rlev   of 2560
 
Xavier:

Sorry ... I'm also down money wise on this stock although not the beating you took. I'm not talking hind sight here just letting go so you can look forward.

Your 5 points are all good ones. I've learned the hard way ... never put your full trust on the experts since most of the time they a) are in it for themselves b) don't really know what they are doing. This is expecially true if what they tell you rubs you the wrong way. This is true not only for brokers (which I think are worse than useless) but for builders, lawyers, doctors ... no matter what the field you need to understand it well enough to know if your "expert" is giving you good advice.

I empathise with you. If you like I can tell you about how I was taken for 100k. Not in stocks by the way ... my builder and the law suit that followed. The mistakes I made first trusting the builder and then the laywers. Forget the money the stress nearly killed me.

Sorry to lecture ... looking back at my last few posts it seems that I am ... I guess what I'm trying to say is that the faster you can let go the faster you can move on.

-- Rich
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