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Strategies & Market Trends : CANSLIM - COAST TO COAST -- Ignore unavailable to you. Want to Upgrade?


To: Carl Worth who wrote (5721)12/13/1999 2:47:00 PM
From: Feraldo  Read Replies (1) | Respond to of 6445
 
No, KRY is a completely and totally fundamentally sound company. They've been on my watch list for about three weeks now. I just haven't looked at the cheap section of my list yet today. Earnings of 10 cents the last four quarters. Sales growth around 700% or so for the same period.

Anyway, I just got done emailing my rich uncle telling him that he may be older and he may be richer and he may average 30% a year on his investments, but he missed KM. I literally got down on my hands and knees Thanksgiving day and tried to get my uncles to buy KM the next day. They thought I had just drank too much. They'd be in at around 9 1/8. They'd now have about a 19% gain, and more to come from that. A few more years and Turkey days will be different. Instead of them thinking "he doesn't know anything, he's just a teenager. I've been in this game for many more years and I'm a huge investment banker in Washington D.C. who won't sell anything because I don't want to pay taxes."

The sad thing is, the ones they don't want to sell usually go down, and they end up paying anyway. I tried all Turkey weekend to convince one of my uncles that capital gains tax is not a bad thing. That means you are ahead of where you started, even after the tax. They don't seem to understand this concept. Obviously most of us here do. I won't even hold an extra day just because I can put off taxes for a year, unless the gain is absolutely huge (which if IMMR keeps going and they top on New Year's Eve, I'm holding).

Just some more rambling. I'm bored. No finals till Wednesday, I'm off work this week, and the stocks are going up as usual. I need something that is more volatile to make the day more interesting. Any suggestions?



To: Carl Worth who wrote (5721)12/13/1999 9:51:00 PM
From: Bruce A. Brotnov  Read Replies (1) | Respond to of 6445
 
No, I missed KRY today.

I did see AREM going up, but I can't seem to convince Feraldo that it is a good stock as he never buys it or mentions it. :o) I wonder if AREM will be another MGIC? or UNFY?

Bruce