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Non-Tech : CKR:The Fastest Growing Restaurant

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To: The Perfect Hedge who wrote (44)2/20/1998 2:52:00 PM
From: Chuzzlewit  Read Replies (1) of 100
 
Glenn, ** OFF TOPIC **

Stick with the drillers and DON'T TRADE!!! I have no doubt that they will pay off in a big way. I view that group as having the largest potential price gains in the next 6-12 months. Remember, you won't lose money if you don't sell! If you're convinced you bought value, and if you're convinced the value is still there, why would you sell, or for that matter, why would you even get discouraged.

Just to reinforce what I'm saying, a couple of years ago I bought two small companies -- RXT and BTV for $26 and $26 respectively. For a year and a half they languished. Currently, RXT is selling for around $39 and BTV for around $554. But I got impatient last summer and sold them both for about what I paid for them. BIG MISTAKE!!!! The value was still there, the street simply hadn't taken notice yet. I have a sign above my terminal that says PATIENCE, STUPID!!!

Regards,

Paul
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