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Gold/Mining/Energy : Yogen Fruz IT'S ALIVE, IT'S ALIVE

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To: norm roberts who wrote (1290)3/17/1999 9:45:00 AM
From: AGORA  Read Replies (2) of 2453
 
Good plan, Norm. YF may not be perfect but if you hold for the next two years, the odds are heavily in your favour that you will be rewarded.

There was a good article in the Globe & Mail this past Saturday titled "The lonely Value Investor". The gist of the article is that value investments are out of favour in the current "get rich and make 20% in one day" climate. The fact of the matter is that Nasdaq is offering too much opportunity to make thousands of dollars per day and that is where all the action is going. In fact, we have taken our $3.00 YF position and parked it while we trade the Nasdaq on a daily basis.

For now, there is some good money being made. For example, our readers acquired Network Solutions (NSOL - the domain name registration company) at $150 less than a month ago and it hit a high of $282.50 yesterday. Even 20 shares would give you $2,600. So how can YF compete in this environment?

Sooner or later, the fast money will have to end. When that occurs, investors will return to value and YF will be a great candidate.

Hold YF long.

Regards,
AGORA
agoracorp.com
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