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Strategies & Market Trends : Value Investing
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To: Brinks who wrote (20280)12/17/2004 3:04:38 PM
From: Paul Senior  Read Replies (2) of 78764
 
"These net-net stocks always seem to work out."

Well, I can't say that anymore. Sold remaining shares of VNWI at a loss earlier this week. Was trading below cash less debt when I bought couple years back. Cash burn decked the stock.

That makes two losers that I gave up on. And am still underwater on a few more.
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