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Strategies & Market Trends : Value Investing

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To: Ron Bower who wrote (1893)9/8/1997 9:48:00 PM
From: Paul Senior   of 78923
 
Ron: re NWLIA, JWC.

Seems to be reverse story with me. No broker acknowledgement of trade Fri or over the weekend. Placed order for NWLIA again today. Broker phoned with msg. saying they are canceling today's order because I did buy on Fri. and they guessed I didn't know about it (which I wouldn't if their computer says no trade was made). Now it's just a matter of sitting on this stock for 3 years... cripes... and maybe buying more if/when the price drops... (sigh). I hate these types of test-of-patience stocks. (Well, they're all tests of patience, but this one just seems to shout it. -g-)

JWC - I'm still looking at it. Don't know anything about the brokerage business. Seems like they are small, but in a lot of different areas of finance. Hard to find info. on this company.
I see the growth, but I don't yet see a margin of safety.

Paul
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