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Strategies & Market Trends : Buffettology

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To: James Clarke who wrote (1034)2/4/1999 9:01:00 PM
From: Shane M  Read Replies (1) of 4690
 
Jim,

Yeah, saw the writeup in WSJ on the products. If I read it right, the article said a 100X or 350X microscope, but I find that hard to imagine in a $99 product and the connectivity to the computer. Light source becomes a serious problem at those magnifications.

I can see alot of Dad's seeing that and saying "What a great toy." I got a microscope when I was younger and it was on of the coolest things I can remember. Still have it. It's a different world down there.

I bought some Champion CHB today. I'd been trying to wait for general market weakness but I've seen so many interesting opportunities run away from me I figured I'd play. I was wanting to get in at $20, but $22 will do. I think fair value here is around $30. Not quite the quick 50% upside potential I like to see, but it will do.

Shane
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