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Gold/Mining/Energy : JAB International (JABI)
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To: Jane Hafker who wrote (3678)5/10/1998 4:58:00 PM
From: Dan Peterson  Read Replies (1) of 4571
 
In my early days in business I got to know an old guy who started in business in clothes in New York (the old Jewish clothing houses in NYC). He was a character and one thing he said stuck with me: "When you see you aren't going to make money, sell it now! Get your money out of that product, back in your pocket and put it back to work. Your first loss is always your least loss. If you hold on, you'll lose more." It stuck with me, but I didn't apply it to JAXI... oh well.
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