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Pastimes : Don't Ask Rambi

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To: Rambi who wrote (34855)	8/13/1999 2:18:00 PM
From: jbe	Read Replies (3) of 71178

Re: Market. Expect neither Rhyme nor Reason. One of the companies in which I hold stock is Abercrombie & Fitch. Solid as can be. Steadily increasing revenues; steadily increasing profits. Announced usual estimate-beating quarterly results earlier this week, followed by usual analyst upgrades. So? It's down 7&-8% today (went as low as 10%). Go figure. My advice to such folks as myself, who really have neither the time nor the inclination to track their portfolios and sweat over them from morn till night: put your dough in a diverse range of mutual funds with a good track record, and let the pros worry about it. My portfolio of mutual funds is still up year-to-date. My portfolio of individually owned stocks is down. Joan

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