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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: erickerickson who wrote (23099)4/19/2000 10:44:00 PM
From: Mike Buckley  Read Replies (1) of 54805
 
Erick,

Mike needs a little ribbing from time to time.

You don't think Frank sufficiently fills that role? :)

According to my records, I only lost 38% on [ICGN].

Now you're getting personal. Money is completely unimportant but I take bragging rights VERY seriously. I only lost 25%, an annualized 36%. I win. :)

If I'd held a year or two longer, ICGN would have re-invented itself ...

ICGN didn't reinvent itself. Management wasn't that astute. If they had been, you and I might not have lost so much money. :)

Instead, Rare Medium at the time was privately held. Their management team did a reverse whatchamacallit with ICGN, making Rare Medium a public company and allowing them the proceeds without having to pay the investment bankers. As soon as they did that, they turned around and sold off the ICGN part of the business to some of the original insiders who conned you and me into buying their public stock, which means the Rare Medium guys had a lot better judgement than the two of us put together.

Ah, the good old days before Gorilla Game was published. :)

Anyway, I couldn't resist

Try harder next time. You can do it. I have confidence in you. :)

--Mike Buckley

P.P.S. Mike, whatever happened to Judy (Shrimp)?

The last I heard, she had become a stock broker. Her clients are very fortunate in my mind to have her help. Though Judy and I drifted out of touch, she and Tee Bee (remember him?) remain in touch while Tee Bee and I also remain in touch.
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