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


To: James Clarke who wrote (11518)11/30/2000 9:06:17 PM
From: sjemmeri  Respond to of 78776
 
Sorry to hear that. And thanks for sharing LR. I traded it a couple times but was very happy to be sitting on a pile of shares. Nice time to get some extra cash too. I rolled
it into additional shares of INCY and AAPL. Still hoping
GTSI drops a bit more to get back in it.



To: James Clarke who wrote (11518)12/1/2000 9:05:05 AM
From: Kathleen capps  Respond to of 78776
 
Well Jim, I traded it too - sold about 1/3 when it went up to 1 1/4, bought more at 1, bought more at 5/8. I probably would have sold much of my position if it had spiked up a bit. In fact I had an order in to sell a large portion at 1.25. Luckily I got up early and saw the news and had a chance to close the order before the market opened.

I'd like to thank you for your excellent analysis that originally gave me a reason to look at the stock. I'm sorry you didn't get to profit more from it. I can't begin to tell you how may times I've lost patience with "value" positions and sold out before reaping any gains.

I have a hard time with being patient -- although sometimes I hold my losers much, much too long. The old psychology bit. I hold onto losers hoping for them to rise enough to break even but sell out of positions when they "aren't doing anything". Stupid thing to do but there it is.

kathleen



To: James Clarke who wrote (11518)12/1/2000 12:44:05 PM
From: Allen Furlan  Read Replies (1) | Respond to of 78776
 
James, sorry that you missed LR. I have been buying steadily for 2 months and have an average price of .72 We all deserve a 4 bagger once in a while. If you are willing to sit patiently for a couple of years look at strz. I think the CEO is doing a silent buyout yet the stock lingers below 3. Only negative I see is pending lawsuit. Reviewing Barron's article on restaurants I concluded that strz is probably worth 5-6.