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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (25452)	12/4/2006 5:09:39 PM
From: Madharry	Read Replies (2) \| Respond to of 78715

you may be right but my experience is that first the stocks move and start to look pricey and then the information comes out that makes the price not quite as out there as one might think. When apple started with the itunes i bought the stock, then i listened to all the naysayers that kept saying how little apple would make on the sales of itunes. This was of course before the ipod came out. By the time the ipod was announced the stock had already risen quite a bit and apple no longer looked like a bargain. When WYNN IPoed I think it came out at $13.50, I dont recall anyone jumping up and down pounding the table saying that we should buy it or watch it. Now that its $90 we are seeing recommendations in Barrons. As far as I know I am the only one mentioning Aruze now. Sometimes its lonely on the bottom too.