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Non-Tech : ANCHOR GAMING (SLOT): Will it bounce?
SLOT 0.10000.0%Sep 27 5:00 PM EST

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To: The Irb who wrote (474)7/10/1999 6:23:00 PM
From: dr.john  Read Replies (1) of 508
 
TheIrb,

you seem to be uncomfortable with holding SLOT, wanting to sell it every other day; it is probably best to sell a stock when you feel uncomfortable with it, regardless of what other people tell you.
I can just speak for myself (and give my reasoning for it, see my recent postings): I still would not dream of selling SLOt, because I am very comfortable with it and "sure" that it will appreciate a lot over the next 6-24 months (with a lot I mean not just 10 or 15 bucks more). What does not mean that there will be short-term fluctuations: after the earnings report the price could drop; we saw this before. But unless you are able to predict these short-term fluctuations (which I am not) look at the medium-to long-term prospects. Therefore I would much rather buy than sell at current prices.

cheers Dr John
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