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Strategies & Market Trends : Z Best Place to Talk Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Ron McKinnon who wrote (40673)	6/17/2002 9:46:36 AM
From: Larry S.	Respond to of 53068

KRB 33.35 + 1.10. fuk Clunie, eom.

To: Ron McKinnon who wrote (40673)	6/17/2002 10:18:23 AM
From: E.J. Neitz Jr	Read Replies (2) \| Respond to of 53068

Update on Strategy....not that anyone really cares! Have now established 19 positions, mostly fallen angel technology companies and 2 biotechs. This AM established new position in Elan Pharmacuticals...a stock I have followed for years. I am aware of all the bad press, but in for 100 share long term. Now 26% invested and will now concentrate on biotechs and major drug companies for next few weeks. By December 1 I plan to be 100% invested in stock account then, just sit on my duff and wait and wait and wait.

To: Ron McKinnon who wrote (40673)	6/17/2002 10:45:29 AM
From: Larry S.	Respond to of 53068

20 investing decisions: Legendary investor Warren Buffett says there are two keys to investing -- thought and understanding. "It's simple, but it's not easy," says Buffett, the world's second-richest man. People spend a lot of time thinking about buying a car or house, but they'll often hear someone mention a stock and turn around and buy it that day. Buffett, in the third part of his exclusive interview with CNBC's Ron Insana, says people instead need to approach investing as if they were limited to just 20 stock purchases over their lifetimes. "They'd make a lot of money because they'd think a long time," he says. Ron, that's 20 investing decisions in a LIFETIME, not in an hour. ggg larry