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Non-Tech : Planet Hollywood (PHL)
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To: TheInvestor who wrote (99)7/31/1997 10:52:00 AM
From: Dennis Nordling   of 192
 
Ben,

I'm somewhat new to investing in the market. I watched/studied for about a year before jumping in. I've watched stocks go south and north for no reason other than the direction the wind blows. But, to me, two trends seem to be constant: profit taking will happen if a stock has had a good run (PHII has had a good month), and once reports come out many short-term investors will sell in search of the run-up that goes with a good anticipated report.

Disclaimer: I only own 100 shares of PHII and my total investment in the market year-to-date has only been $12,000. Every stock and mutual I've bought has been for the long term.

I'm very confident the stock will make it to $30 by the end of the year, and hopeful the stock may reach $35.

Good luck
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