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Biotech / Medical : Biosource International
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To: Bill Hyres who wrote (498)6/21/1998 1:12:00 PM
From: Rich Powers  Read Replies (2) of 696
 
This is one of the few that Joe likes that has not been performing well. That's no problem for him since he advocates the buy and hold theory of investing. As an older gentleman myself, I don't feel that I can wait to be successful in raising money for retirement. One of the stocks that I purchased, and his personal favorite (I think), is DYCOM (DY). Your club might want to look at that equity. I believe the risk/reward ratio is very favorable. DY has been steady through all the recent volatility.

I would have bought BIOI when it bounced following earnings release, but it had been so erratic before earnings that I decided to wait to see if the gain would hold. As we know, it quickly lost all that it had gained. I continue to watch it along with UTEK, UCOR, and several others that Joe likes. I watch them because Joe won't recommend a stock without doing tons of homework.
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