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Non-Tech : Foodmaker (Jack-in-the-Box Restaurants)
FM 27.190.0%Jan 8 4:00 PM EST

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To: David Kuspa who wrote (227)10/25/1997 10:50:00 AM
From: Arnie Doolittle  Read Replies (1) of 338
 
David, no, I am not adding to my fm position. I'm a bottom feeder and I don't generally buy stocks that are resting after a big runup. Thus, I loaded up on NXTL prior to 6/1/97 and RII prior to 9/4/97. My most recent additions have been in NVAL and that position is about 1/2 completed. I currently have one minor and 5 major stock positions. I like QWST's fundos but I'm not going to chase it. If it has a nice 60% retracement, I'll take another look even though I generally shun ipos. Otherwise there are other fish in the sea.
FM will continue to grow and provide profits for investors, thus I will keep the 1/4 of my original FM position that I still own until I believe otherwise.

Arnie
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