John Dessauer's Investors World Message Board

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Pastimes : John Dessauer's Investors World

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To: Harry Stein who wrote (2295)	7/31/2000 2:54:41 PM
From: polarisnh	of 2346

Harry, While I do agree with you about JD's lack of understanding about high tech, I wanted to let you know that Hilton and Cendant aren't really new holdings for him. He has actually been recommending them for a long time. In fact he has been holding Hilton since way before they spun off Park's Place Entertainment (PPE) and Bally Fitness (BFT). What disturbs me is that he doesn't seem to recognize how badly a company is going to get beat up by the street once litigation and troubles are announced. He prematurely recommends stocks (Cendant and Rite Aid) to his subscribers rather than waiting until the fundamentals have improved. I realize that it is next to impossible to market time but I have watched him recommend a stock all the way into the fractions of a dollar (CPPKY and SME) then recommend to dump them. I think that it might be time for John to start enjoying his summers on the Cape relaxing or restart his stock researching because it has become obvious to me that he is so distracted that he can't do both at the same time. Cheers, Steve

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