Mr. Pink's Picks: selected event-driven value investments Message Board

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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments

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To: Mr. Happy who wrote (2981)	9/16/1998 8:04:00 AM
From: Mr. Pink	Read Replies (5) of 18998

You win some. You lose some. Patience and an iron gut is necessary for this game. Remember CLCX rallied from 22 to 36 before tanking to 8. It then rallied to 30 again and Mr. Pink covered much of His position at 6. TNSI is about to screw itself by piling on massive debt for a mediocre business acquisition. It is also a bit aggressive on amortization assumptions, writing off goodwill over 20 years for contracts with a 2 year life. Stay the course. Mr. Pink

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