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Gold/Mining/Energy : SOUTHERNERA (t.SUF)

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To: Andrew who wrote (2785)4/7/1999 10:52:00 PM
From: russet  Read Replies (1) of 7235
 
Andy, Georges,etc,...
Forget about the company buying back shares. Stick around for a couple of years. You will be rewarded, just like this foolish internet share crap. We are investing in management,...because they have the ability to find diamond deposits. Why buy back shares to get a few bucks rise,...when discovering more diamonds is far more profitable.

I'm here for capital gains,... to hell with dividends.

For a year I have been buying different stocks and trading around. If I had of stayed with my initial picks and sold a year or so later, I would be a multi-millionaire now. Pick the good managements and spread the risk over 15-20 companies and you will be far better off in 10 years than the people who trade constantly.

russett,...who learned the hard way.
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