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To: uu who wrote (7611)	11/1/1997 11:11:00 PM
From: hb	Respond to of 25814

I fully sympathize with your views. The fundamentals of investing that is forgotten frequently are as follows: 1. Buy if it is on sale (like 70%off when one buys a $25 pants). This translates to past P/E < 20 and future P/E < 15. 2. If it is a growth stock, you pay higher price assuming that it is a gamble (like going to las vegas). 3. Get all the latest facts - analyze for a week on a given stock. Keep up with it. 4. Analysts are a tad more savvy than the politicians/industrialists (corrupt) in the 3rd world countries. That is why analysts never get caught. 5. Do not get in stocks if you have a horizon of less than 8 years. It is as if you got extra money that you do not need for 8 years.