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Pastimes : JAVC - Java Centrale

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To: Tim Czech who wrote (118)5/7/1997 8:00:00 PM
From: Marcus Gasser   of 279
 
Check this link:

pcfn.com

Well, 20000 I don't think it's too high... but at least, there's someone buying! If JAVC is undervalued, and if we see positive earnings this quarter, the stock is really cheap now. But I think I'll wait for the numbers first and make my decisions then. Because only with losses in my portfolio (bought JAVC at 0.68 and some others which don't do as I expected), it's quite hard to buy new shares.

Peter Lynch says: Stock trading is like playing Stud-Poker. You see some open cards of each player on the table and each has some cards in his hands. Each time when you see a new card, you have more information. Therefore I'll wait for the next card (the numbers) and then I'll decide if I leave this game and start a new one or if I stay in this game.

For anyone who's just joining the JAVC game, I think it's the best opportunity to get the shares for a cheap price (after he made some good research). If he decides not to join the game, because of his research, it would be nice if he tells us why...

(still have no explanation for the price drop from 0.5 to 0.25.)

happy trading
marcus
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