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To: JSB who wrote (13020)12/12/1999 2:06:00 PM
From: Dale BakerRead Replies (1) | Respond to of 118717
 
If the markets hold through January 3 the way I expect, it will be a very merry Xmas indeed. We can fight over who pays for the beer and enchiladas on the Riverwalk in January.

I doubt we will be busy watching any Cowboys games then. At least we scored a touchdown in the Philly game. Let's see if they can do it more than once.



To: JSB who wrote (13020)12/12/1999 2:14:00 PM
From: Dale BakerRespond to of 118717
 
A gem from an SNMM long worth sharing over here:

To: THOMAS P. GOODRICH, JR. (2058 )
From: Dale Baker ( Ignore ) Sunday, Dec 12 1999 2:09PM ET
Reply # of 2059

It is a known fact there is a former RCMP official sitting on the Board of Directors of Cryptologic who holds connections within the agency and who may have promulgated the whole fiasco.


Please. The only fact is that he sits on the board. It's obvious he used to work for RCMP - suddenly he has "ties". And the agency "may" have promulgated the fiasco. Or it "may" not have. "Maybe" pigs are flying around my house at night and I just don't know to get up and go watch.

Spin it out to 250 pages and send it off to Random House. Maybe you can make money at book club signings instead of in the market.

You're off in lah-lah land here until you have some facts. Do you pick all your stocks this way?




To: JSB who wrote (13020)12/12/1999 2:34:00 PM
From: Dale BakerRead Replies (1) | Respond to of 118717
 
And a gem from Cramer in a column about old valuation standards and traditional fund managers:

(Earlier this week I was listening to some money manager talking about how he wasn't changing his stripes, that he liked the out of favors, the value plays, the lowly P/E stocks. Good for him! He must be a very rich man! Where I am from, there is this process at the end of the year, it's called the "take your money away from the loser and give it to the winner" drill. And it gets practiced everywhere unless your clients are in a coma. Those who stay with these losers for more than a year or two, they get to have the money taken away. I have had money taken away. Last year, when I did the value thing. They thank you. They are glad you didn't take excessive risk. They are thrilled that you stuck to your guns. And here are the wiring instructions where they want the money sent. Invariably it is to the hot-hand manager who didn't play by rules that aren't working any more.)



To: JSB who wrote (13020)12/12/1999 8:12:00 PM
From: Aegis_61Read Replies (1) | Respond to of 118717
 
JSB,

Thank you for telling us your position in CNQR. I know it's all a percentages game, but some of us rookies (at least me) like to see how many shares that others have committed, just for comforts sake. No guru terms used here, (of course! hehe) but some personalities are more credible than others, and although those opinions should never replace stock research, it's still nice to receive those opinions as a sanity check, or just another reason to hold/sell a position. Thanks.

Sincerely,

Aegis

btw, I stopped out of my 600 CNQR shares at 33 and bought back 300 shares at 32 and 3 may call 22 1/2 options when the stock hit 31 1/2. Some capital preservation. I'll take your strong conviction under advisement.