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To: rupert1 who wrote (3207)12/16/1997 7:30:00 PM
From: G. Richmond  Respond to of 6980
 
vepoc and all, you too Fools,

This from the CSCO thread post #10996

<< Ironic that you bring up IOM. This thread reminds me of the IOM board at the Fool last year. They thought the company was unstoppable, it was growing at a torrid pace, consistently blowing away estimates, a virtual monopoly in its market, excellent fundamentals, etc. Hell, look at the competition...pathetic. This company had it made...or so they thought. The Motley Fool, although very prudent to have invested in the company shortly following its IPO, gave back a tremendous amount of its gains, thanks to its inflexible stubborn long-term philosophy. It ignored valuation, and rode IOM up to the mid-50s and right back down all the way to the mid-teens, holding tight the whole way. The Fool should have sold in pieces on the way up over 30, and
repurchased far more when the stock crashed below 20. >>

Just goes to show a FOOL and his money are soon parted.

GR



To: rupert1 who wrote (3207)12/16/1997 9:30:00 PM
From: P2V  Read Replies (1) | Respond to of 6980
 
Off Topic "but the Irish are not Brits! "
Vepoc,
Somehow I knew I'd get in trouble with that one !

Never-the-less, London is one of my favorite cities -- but oh so
cold on Boxing Day!

Someday we intend to extend our visits to your country as well.

Regards,
MM