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To: Clappy who wrote (15052)4/19/2000 3:54:00 AM
From: she_x  Respond to of 35685
 
yes, hold on to that CREE clappy. BVSN just got added in forbes fortune 500, #365. RMTR is filing for ISO9000 which is really good for them. they'll get lots more contracts with that. if you are going to sell you better get to bed so you can be up early. when it drops, it could be fast, so watch out. JMHO she



To: Clappy who wrote (15052)4/19/2000 4:01:00 AM
From: Uncle Frank  Read Replies (3) | Respond to of 35685
 
>> I know I should buy and hold, but I'm going to try to make up for some of my mistakes. (Hopefully I'm not making another.)

Clappy, I just posted something on the Q thread that explains my personal outlook towards ltb&h. At the risk of spamming, I'd like to share it with you:

I do a massive amount of due diligence on a company before I decide that I want to be a part owner. I re-visit that decision on a regular basis, and if I feel their fundamentals have changed for the worse, I retire my position. But if the business is prospering and I have confidence in the wisdom of its management team, I extend my period of ownership.

Economic and market conditions have significant impact on my investment, but since no one has the ability to predict them to any degree accuracy, I regard them as an unavoidable part of risk/reward equation. On the other hand, history documents that the market has recovered from every single correction or crash.

I believe the best chance I have to prosper is to buy partial ownership of great companies, and to maintain ownership for lengthy periods. My definition of a great company is one that is leading its sector, growing at a fast pace, and generating excellent profits. The market has always rewarded great companies with higher valuations than lesser enterprises.

There will be earthquakes and tornados and wars over the coming years, someday we'll die, and in the far future, Sol will turn nova and destroy every planet in our solar system. I'll make sure I am emergency prepared, write a will, and won't waste much energy worrying about entropy. Rather, I'll try to focus on the wonderful experiences that life offers.

I try to verify every fact in my posts, though I'm less rigorous about offering my opinions. I only feel it fair to warn you that, should you read one of my posts, it will generally be optimistic.

uf