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Strategies & Market Trends : Three Amigos Stock Thread

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To: Sandra who wrote (8440)9/7/1998 7:35:00 PM
From: Marty  Read Replies (1) of 29382
 
Regarding that "buy what you know business", I was one of the first ones to buy Bandai... the company that makes the virtual pet pocket toys.. the Tomagotchis. Anyway, it went on to become the absolutely best selling toy in the world! Made all kinds of alliances, had all kinds of new applications for what it developed, had name recognition, major marketshare, and on and on. And it did nothing! and then it went down. Still doing nothing. See their thread here on SI.

Turns out that it is a Japaneses company and, in retrospect, nothing over there in that market went up for any reason.

Although I like the theory, there are always a lot of other ingredients in the soup.
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