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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Madharry who wrote (11024)	7/30/2000 12:41:41 AM
From: James Clarke	Read Replies (3) \| Respond to of 78523

Thanks for noticing, Armin. I sold REL at a big percentage loss - both that and Amazon were small bets, and were thought of as just that. I still hold Amazon. I see nothing in the latest quarterly release, nor in Barrons analysis today, that shakes the reason I bought it. And you don't sell Amazon five months before Christmas. On REL I bought it knowing I was risking a 50% loss if the coin came up tails, and it did. Lesson learned - don't bet on coin flips if you don't know the odds. Like I said, a small bet, but still a mistake that I hope I won't make again. What would make me sell Amazon? If Bill Miller sells it, or if my overwhelmingly positive experience as a customer changes. Will I buy more? Maybe, but probably not. I'd much rather add to ANF, SNH or HBP.