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To: Razorbak who wrote (82965)	12/28/2000 10:28:45 PM
From: Think4Yourself	Respond to of 95453

California's elite argue EIX and PGE should be allowed to go into bankruptcy. quote.bloomberg.com The California consumers song: "Clowns to the left of me, jokers to the right, here I am stuck in the middle..."

To: Razorbak who wrote (82965)	12/29/2000 6:50:08 AM
From: CpsOmis	Respond to of 95453

I appreciate your comments, Razor.... One of the major advantages of this forum is the ability to bounce ideas as well as accept critiques from others. The way I have dealt with the emotional side of the markets has been to disconnect from emotions as much as possible. Kind of like playing a video game, I have been keeping score to see how well I do. Appreciate the kick in the pants, as I kinda lost focus on the amount of capital I have at risk here, as I have never allowed myself to "feel" it as "being real". I did spend some time studying the core fundamentals of the company that came out with the last quarterly statement, and I felt/feel quite comfortable that the underlying value is there, even without the sale. (I think shareholders' equity was around 4.22 or so) That, and a hot market for NG is why I jumped in with both feet. The ability to get a full cash buyout is very appealing to me, as 2/3 of my stake is in the SEP IRA. However, you are right, I am most certainly overweighted, and I most certainly do need to consider diversification. I think the price will edge up a bit as the new tax year comes into play, and just may "raise some cash" <grin> Cosmo