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Technology Stocks : Elamex(ELAMF) -- Ignore unavailable to you. Want to Upgrade?


To: Paul Senior who wrote (149)11/1/1997 12:35:00 AM
From: Ron Bower  Read Replies (2) | Respond to of 276
 
Paul, (Off Topic)

It's the difference in the reasons we invest. I'm looking purely for growth while you are putting monies into a wide variety of stocks for the long term. I can't get growth if I leave monies in a dead stock. (If it ain't gonna move, it's dead). I'll take my loss and try to make it up somewhere else.

ELAMF is my third and largest loss by far and it burns me because I should have seen it coming. You warned me, David's post had all the indicators, but I made a major mistake. I saw a company with big opportunities to capture contracts from a fully employed US market. With their lower wages and close proximity, how could they fail? Yet they have managed to do just that.

Thanx,
Ron