RECY Looking Good... A Message Board

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Non-Tech : RECY Looking Good... A

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To: Tim Oliver who wrote (3685)	1/4/1998 5:47:00 PM
From: James Strauss	Read Replies (2) of 7006

The Long Term Trends Are The Key... Tim and All: I was just reviewing the chart of Compusa (CPU)... At the end of 1995 it fell from 10.97 to 6.75... A 38.5% drop... From there it shot up to 29.44 in 1996... A 336% gain... It then corrected to 14.75 in 1997... A 49.9% drop... From there it went to 36.88... A 150% gain... It then corrected to 25.69... A 30.3% drop... From there it went to the current price of 30.88... A 20.2% gain... Those long term investors that bought on the dips did very well... Trying to time the ins and outs may work sometimes, but won't work everytime... Buying on dips with a growing company produces increased average share value... This is what I've been doing with RECY as have many on this thread... Their Acquisition strategy is being executed very well... But... There is no free lunch... There are one time costs and interest costs involved... So, there may be some bumps along the road to greater profitability and shareholder value... Whatever may occurr this Qtr, positive or negative, is just a footnote in the long term growth strategy that will bring Revenues over one Billion by the year 2000... As those Revenues grow, more will flow to the bottom line, and Wall Street will take notice and bid up the stock price... Investing for the long term is not easy... If it were, everyone would be doing it... Each of us must decide if we have the temperament for it... The Right Company and the Right Temperament is a prescription for long term investing success.. Jim

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