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

To: Paul Senior who wrote (27204)	7/2/2007 5:52:23 PM
From: doug5y	Read Replies (1) \| Respond to of 78745

I'm still holding UST, or was that MB who mentioned that one? I can't remember now. Holding since $16 and change zone. Thanks to who ever it was. ( Thinking of exiting now )

To: Paul Senior who wrote (27204)	7/2/2007 10:11:57 PM
From: James Clarke	Respond to of 78745

thanks everybody. Its been a long time. St. Joe was 12 years ago! I still remember the night I researched St. Joe my second year at Columbia Business School. That was my first really good one. And I think i held onto it for a micropercent of its move over the next decade (and OF COURSE if I had I would have sold the peak in 2005...of course) the second rate bookstore was BAMM, which last I looked was about an 8 bagger - I think I took that from 2 to 3 or something like that, but it took less than a week. I think it had come out of an index or something and was trading momentarily at a really stupid price. Five years later its at 18, making the sell at 3 look pretty dumb! Anybody remember Saucony? I think that got taken out and I can't remember if it was Mike's or mine, but you know we kind of tag-teamed a lot of names. That one buy at 4 sell at 6 - I think that worked 3 times before it went to 20. Those were fun markets - I don't know where the easy ones are today. If they're there I'm not finding them. Although one might be the one I mentioned last night. Don't dismiss that one out of hand - it takes some work to really see the valuation and understand the business. There was a press release this morning (which I didn't know about when I mentioned it last night) which I think you'll find helpful.