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To: Dale Baker who wrote (24978)4/30/2001 11:52:16 AM
From: JibacoaRead Replies (1) | Respond to of 118717
 
<<I am starting to rank this is as the second biggest boo-boo in investing, right after "I can't sell this loser until it goes up again and I get my money back".>>

I remember "Jesse's" advice: "A loss never bothers me after I take it. I forget it overnight.But being wrong-not taking the loss-that is what does the damage to the pocketbook and to the soul."

"Millions upon millions of dollars have been lost by men who bought stocks because they looked cheap or sold them because they looked dear". "The thing to remember is the speculative line of least resistance at the moment of trading"."Stock are never too high to buy or too low to sell. The price per se, is not as important as establishing THE LINE OF LEAST RESISTANCE".

"Instead of hoping he must fear; instead of fearing he must hope. He must fear that his loss may develop into a much bigger loss, and hope that his profit may become a big profit".

RAGL

Bernard



To: Dale Baker who wrote (24978)5/11/2001 4:45:00 PM
From: Paul SeniorRead Replies (1) | Respond to of 118717
 
Okay, I'll step up for an exploratory position in BRZE today. I believe I can make a value case for it, but that's not the point for me.
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The stronger issues I am wrestling with with BRZE are related to my personality and investing style. I just do not like paying up for stocks, especially tech stocks after they've had a run up. And from my perspective, coming onto the scene now, there's been a 50% move with BRZE since April. Offsetting this is my propensity to be attracted to the stock of stock pickers who are on a roll. That maybe/possibly/might be Dale now. Also there seems to be quite a bit of enthusiasm for the stock from people here and elsewhere on SI who are familiar with the company and its potential. Somewhat disconcerting to me though is that several (many?) seem quick to scalp profits or dance in and out of the stock. Anyway, I've concluded at BRZE's current price, the value seems to be there similar to where I've been buying other tech stock. And my personality is such that if I'm going to be reading this thread and seeing BRZE posts, and given the value I'm presuming for BRZE at its current price, I have talked myself into starting an exploratory position.