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Gold/Mining/Energy : GEAC - A New Era? -- Ignore unavailable to you. Want to Upgrade?

To: Sig who wrote (294)6/19/2005 9:55:18 AM
From: micromike  Read Replies (1) | Respond to of 330
 
The reason they give for not buying any companies is that everything they look at it too expensive. If they don't start spending the cash on hand or buying their shares back then they are obviously looking to get taken out themselves. There is no reason to sit on such a large amount of cash with these low interest rates.

JMHO
Mike



To: Sig who wrote (294)6/20/2005 1:09:58 AM
From: Scott Mc  Read Replies (1) | Respond to of 330
 
I have also held for about 4 years with some minor adds and sells. I am very diversified but still a major position for me. Im just trying to make it work a little harder, it is undervalued but how long will it stay that way?

PS: I couldn't sleep with 25% of my holdings in one stock nevermind 50%, Ive had too many stocks take big hits. I have almost 100% of my networth in the mkt but I hold about 70 positions, I know...Im crazy..


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