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Strategies & Market Trends : HomeLife: A Global Franchise Real Estate Company (HMLF)

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To: Cliff Daniel who wrote (299)11/25/1998 1:07:00 PM
From: EubieV   of 383
 
Met with my stockbroker yesterday.
I, like others are selling off losers for a tax write-off. My stock broker owns HMLF as well, so do several of his other clients. He suggested that I not sell HMLF. I didn't. He thinks the moves the company have made in the last couple months have been very positive and feels that now with the company being fully reporting--it will be a matter of time before their earning reports are noticed by investors. He was optimistic and eased my concerns about the recent Descent in price. He had a stock that was at .18 last year and is now trading between 2.50 and 3.00. He thinks the fundamentals are good with HMLF.

He also thinks that many investors are doing exactly what Richard did, sell at a loss for tax purposes. Hopefully we'll have investors re-enter after the first of the year. After the next quarterly report. So, bottom line...holding confidently.
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