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Pastimes : John Dessauer's Investors World

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To: DWB who wrote (1775)10/26/1998 3:21:00 PM
From: Ralph C. Cinque  Read Replies (1) of 2346
 
Dan, what if you had used that exact strategy you described with Comshare, Service, Pokphand, Monaco, Singer, LSI, Apple, Fletcher? Where would you be today? You talk about having a two or three year time frame, well let me tell you, that many of these stocks go back longer than two or three years, and they have yet to recover.

The example you gave was entirely hypothetical. I guess, for whatever reason, you didn't feel inclined to use a real life example. Right now, you would be hard-pressed to do so because so many of his stocks are way lower than when he first recommended them, and even his big winners like STD and CCR have lost a lot of their value. You have to admit that the recent time frame has been absolutely battering to a whole slew of Dessauer stocks. And, he is so evasive and deceptive about it. As stock after stock gets brutally pummelled, he is the same Dessauer, ever arrogant and confident, "buy more this, buy more that," apparently unphased, as he dashes off to another "Dream" seminar.

No, you're wrong, Dan. I'm still holding my CD and HLT and LSI and SFA and FFS and my other Dessauer stocks in the hope that you are right. I'm even holding my CPPKY despite his "strategic" sell signal. But I will never forgive him for being so careless, so irresponsible, and so miscalculating, and in the end, so self-serving. And although you still have faith in him, I bet that it's never going to be the same for you either, that from now on when Dessauer recommends a stock, that warning flags are going to be raised in your mind as well, because you know as well as anyone, that Dessauer's confident and beguiling manner is truly dangerous.
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