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Non-Tech : International Heritage (IHIN)

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To: Gutterball who wrote (361)4/12/1998 1:29:00 PM
From: Janine Burns  Read Replies (1) of 454
 
Hello All:

I just dropped in to say "Hello" and to see just how low this thread has gone. WOW . . . I am surprised!

To all who have invested: I have always investigated a company thoroughly before I invest. My question to the people who are crying is . . . If you did your DD and made a decision to buy the stock based on your own interpretations, then why are you so upset? Is it because the stock has performed below your expectations or is it because you are mad at yourself for having made what you consider a "bad" investment decision? If you make a decision about a stock, isn't it YOUR gamble. Shouldn't you take responsibility for your own investment decisions? I know that some people buy a stock without DD. However, when you do, aren't YOU taking a risk that YOU are solely responsible for?

I think some of you should grow up and take responsibility for your own actions and stop trying to place the blame elsewhere.

My personal opinion of this stock is that it will recover to the higher levels, but it is going to take time. EVERY stock fluctuates wildly during its first few days of trading - it then settles to a moderate level. Those who did not have enough experience investing to know the ropes should never have invested more money than they were willing to lose. That is the cardinal rule of investing. If one wants a more stable return, then one should choose a mutual fund for investment purposed.

Even as a rep, I did not buy IHIN stock because I interpreted the start-up risk to be far greater than I was willing to lose. I felt that the price would be too unstable to turn a quick profit, so I waited for stabilization and long term holding growth. Now, however, I feel it is time to buy for a long term hold.

Just as a sidebar note . . . I knew of IHIN/KARA when it was at $5.85 per share . . . hindsight is 20/20 and I am surely kicking my hiney for not having the guts to buy at that level. What a weenie I am. On the other hand, I did not risk any more than I was willing to lose.

JMHO,

Janine

P.S. Disclaimer: These opinion are solely my own. I am not making any recommendations that anyone buy or sell any security. I am simply expressing my own humble opinions -
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