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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments
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To: Mama Bear who wrote (7972)4/22/1999 12:52:00 AM
From: SirVinny  Read Replies (2) of 18998
 
Barb,

First of all, the snow prediction analogy was simply to show that eventually most predictions can come true. It doesn't necessarily make me wiser than the next guy.

As far as closing my position, in retrospect, I must say you are right I should have sold. Unfortunately, as an investor you should know that even when all indications seem to be favorable there is always one unaccounted variable which could screw up the best planned strategy.

My unaccounted variable was the Monday crash of net stocks. That crash had a considerable impact on my stock. My plan to sell most of my shares prior to the Nasdaq listing were thwarted by Monday's events.

Vince
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