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Biotech / Medical : CLZR:a potential 10 bagger?
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To: Bob Davis who wrote (107)5/16/1999 10:21:00 PM
From: moat  Read Replies (1) of 315
 
> One of the criticisms that I have received over the years,
> from both professional journalists and individual investors,
> is that my ownership of the stocks that are followed in
> The Napeague Letter represents a conflict of interest, even
> though I have always clearly stated my holdings. As a result,
> I plan at some point in the near future to no longer own
> stocks that The Napeague Letter follows, and to convert TNL
> into a purely "journalistic product".
>
> This is not a reflection on any of the stocks followed
> by TNL, but instead represents one aspect of my strategy
> to develop TNL as an Internet investment E-zine.

Respectfully, I don't agree. I believe your readers will be better served if you did own the stocks you write about. We feel a lot better if you had real money on the line. Can you imagine if Buffett and Munger just talked about Coke and did not own the stock? That would be silly.

Thanks for your great web site!
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