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Technology Stocks : Interliant, Inc. (INIT)

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To: jds who wrote (374)7/22/1999 11:59:00 AM
From: Pandurangan Ramakrishnan ("Ram  Read Replies (1) of 1214
 
I too have made a little bit of money on INIT. From 15 3/4 to 16 3/4. From 18 1/4 to 20 3/4. Now I have some in my regular and IRA accounts at 20 1/4. From the fundamentals (comparing with EXDS), this stocks looks very under valued at the moment. Once the momentum picks up, it will easily cross 25. I will probably sell around 24. But for selling too early (which I do always), I remember Warren Buffet saying that he got rich because he always sold his equities too soon. May be "too soon" means a few years for him instead of decades. I normally do not keep stocks more than a couple of days if I am making money, and obviously, I become a long term investor when I lose money.
RR
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