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Technology Stocks : Warren Buffett

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To: Andrew who wrote (36)3/6/1997 10:07:00 AM
From: Lars   of 82
 
andrew,

nice to hear from you.....i agree that this is a good technique....i have been using it......many people have criticized me for it in conversations......it is too simple.....etc.....they want to look at charts.....etc.....not that charts are bad....it isnt for me......
i think it allows a person to reflect out for the long term.....ignoring all the short term opinions......i have applied this to all my current holdings......granted i apply some of fishers advice......good mgmt......his scuttlebut.....as he calls it in his book......one of my best holdings is utek......it is amazing to see what they could be at if they only grow at 20% vs. the 35 to 40% people are predicting.......

what other assumptions do you use for the technique...???

lars
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