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To: Steve168 who wrote (18485)1/20/2004 1:52:50 PM
From: sjemmeri  Read Replies (1) | Respond to of 78497
 
Thanks for the opinion. We wouldn't necessarily lose the record of stocks that were 'sold' as the portfolio can have a cash component that can reflect past gains/losses. That's one option for dealing with it.

steve



To: Steve168 who wrote (18485)1/20/2004 5:10:44 PM
From: Madharry  Respond to of 78497
 
you throw out some statements that i take issue of- the key to investment success is different for each person. I know that I will pick some losers and some winners- but if i get rid of my losers soon enough before they turn into disasters i will make money overall and that is my goal. In fact I personally made money with all of my purchases of inap but i find that if i stick with a stock when i have lost all confidence in management it really grates on me and i am better off moving on and investing in companies where i still have some faith in the management.
that is why i never invest in management when they reprice their options after a severe decline or when they concoct schemes to reward themselves what i consider to be a bigger piece of the pie than they deserve. the only way i can voice my displeasure of such practices is not to invest in such companies.