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Non-Tech : Bill Wexler's Dog Pound
REFR 1.847-1.2%Nov 14 9:30 AM EST

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To: Bill Wexler who wrote (5554)12/18/1999 2:20:00 AM
From: Mike M  Read Replies (2) of 10293
 
IF you made your bones buying and holding quality stocks then I don't understand why it is so difficult to stick to a recommended position?

Giving you the benefit of the doubt, that is what I would be encouraging other investors to do. Taking long term positions in companies in which you/they have done significant due diligence. If you then want to encourage a trading position for the fun(volatility) of it, fine. Although, when SAM and the state get 43 cents of every dollar of profit, short term gains lose much of their appeal.

When you close your position on GUMM, in fairness to the few who may have followed, be sure to advise them immediately.

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