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To: Mark Buczynski who wrote (29167)	1/31/2005 9:12:11 PM
From: GARY P GROBBEL	Read Replies (1) \| Respond to of 120405

Mark...i have printed out your question and it is on top of my pad for tomorrow...thank you for re-posting...

To: Mark Buczynski who wrote (29167)	1/31/2005 10:13:30 PM
From: Coz	Respond to of 120405

do you typically trade or simply hold for the long term Mark, FWIW one thing that has worked really well for me is to hang on for the long, long term to 10% to 25% of my position in some of these great stocks that Gary graciously shares with us all here. That has helped me participate in things like a 17X gain in Essex. --Coz

To: Mark Buczynski who wrote (29167)	2/2/2005 7:16:37 AM
From: elmstreet	Read Replies (1) \| Respond to of 120405

To - Gary Grobbel and Mark B I've been looking for your reply to Mark B. He wrote - "Gary - (repost) for all of the companies that you graciously bring the board - do you typically trade or simply hold for the long term, assuming all of the business metrics continue to be positive? I'm stuck in the old mindset of buying and holding quality companies that continue to exhibit positive growth / potential. Yet in the BB world the price volatility is much greater even with quality companies. Just looking for your thoughts. Thanks" Perhaps you haven't replied as yet or maybe you did it privately. I'm still learning and appreciate all I have learned from this site. Still making mistakes but doing better. Did well on PHPG last week. Thanks again. Elmstreet

To: Mark Buczynski who wrote (29167)	2/6/2005 1:57:41 PM
From: GARY P GROBBEL	Read Replies (1) \| Respond to of 120405

Mark...i hope this is the question i have been two weeks behind in answering. i put it off because i did not wish to give a quick, flip answer and just did not have time to address it properly. trade or hold these stocks for long term if business metrics stay the same-positive? answer-i do different things mark. i am sure that does not help but let's assume initially we are talking about a company that both exhibits positive fundamentals and is moving up in price. many times i will add stock as it rises. after all, a stock is rising for a reason. i have paid 2x initial purchases in some situations. sometimes i pull the trigger on a rise and sell into strength. sometimes i sell some part way up and continue as it rises. Here's the key to it for me. i play it the way the price and volume is telling me too....in most cases. if i think the stock will continue to bear fruit i will buy in as it goes up...if the action is right. and the story is solid along with the numbers. if the actions is weaker i may get out after a bump. there are just too many variables to give a pat answer here...that's why i put it off. Buying and holding in the BB world if the story remains solid and the stock is not rising-i hold and wait. if i think i have the story solid i will wait and add and add. some of my best paying plays come from holding onto a stock where everything looks good but investors just have not bot in yet. 9 times out of 10 they will eventually find the play. so i wait...one advantage here is getting over 1 year on your hold...and sooner or later the play develops. Volatility is something we all have to deal with. again, knowing your company can make all the difference in how you play it. i will sell, buy, sell, buy if the price action allows it. i can screw around like that because i feel i know the company well enough to know it will end up going higher yet. Any and all of the above comes down to one thing only....as to how you play a stock...you HAVE TO know the company to know how to play stalls and volatility. and you have to have a feel for the flow to be able to jump around on rises and falls. So-two things. know your company very well, and develop a feel for ebb and flow ref the vol and price. none of that comes easy but does come with time. hope this helps and again sorry to be so late.