RAINFOREST CAFE Message Board

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Non-Tech : RAINFOREST CAFE

RAIN 5.910

-3.8%

Dec 17 3:32 PM EST

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To: Dylan who wrote (4596)	5/4/1999 8:56:00 PM
From: Mel Boreham	Read Replies (1) of 4704

Dylan, thanks for the note. I am down to 1K shares now after taking a stock loss against my Roth tax bite over the next few years. I have a rather high point of entry on RAIN so it will have to really catch fire for it to make it back to break-even. Sure wish I could relive those heady days in the fall of 1997 when both RAIN and IOM were at highs that would have returned over 60% on my investment. Hum-so-ever, I did not sell and am now locked into these two low achievers while the market goes over 11,000 and will probably go higher in the near term. Will continue to hold for a while longer and hope that something changes... selling at 5.5 when the book value is over 8 is just plain foolish. Best regards, Mel

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