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To: Al Gutkin who wrote (4706)2/16/1998 10:52:00 AM
From: Frederick Smart  Read Replies (1) | Respond to of 10227
 
Al: Ever consider taking your "investing act" on the road. You know there's a market for humor even among investors. Good investors know the value of taking responsibility and have long sinced learned to laugh at themselves when mistakes are made, etc. There's always another day, month, year, etc. One man's loss is another man's gain. There's a psychic balance to everything and you seem to be gifted at sharing at least this balance of your "state" with your famous "sign-off".

I'll have to mull over this "idea" of mine. I know people all over the country from our business. I have a collection of characters - some which I've thought to approach with the idea of signing myself on as their agents for the purpose of putting them on some show or whatever - a slap-stick version of Wall Street Week, or whatever. We've got one guy on our floor who has been in his own world since perhaps the Eisenhower administration - bottle glass glasses, overweight, 100% paper - doesn't throw out a thing - and gets in fights all the time. Yet he's a broker, has clients, etc. Watches the tape all day long. He became a local legend when about 10 years ago some guys convinced him to go skydiving. Well, this guys parachute didn't open all the way - he broke practically every bone in his body but lived to trade another day. I can see him on Letterman.

Sorry for the diversion. Getting back to Nextel.... This thread seems to wander off the path more than I would like - and I'm just as guilty with the current message. Can we try to get more first-hand fedback from the field. JF Q's post recent post was great.

Good luck!



To: Al Gutkin who wrote (4706)2/16/1998 11:14:00 AM
From: Bernie Diamond  Respond to of 10227
 
TO: Al & Frank
FM: Never Wrong

I can't begin to tell you how long it took for my wife to accept that! <VBG>. Me wrong. Never! However, even though I'm NEVER wrong, I will admit that once in a while I could have made a little better decision. (LOL)

Al, Investing 101 teaches us about fear and greed. Fear of losing a little of the big gains made in an investment and waiting for it to go back up to its former price (as it continues to trend down); fear of losing more money as a stock plummets to new lows and holding it until "I get even". Greed for that extra 1/8th of point in buying or selling, and losing big bucks for the potential extra pennies. I've been there more than once (hence my admitting to possible better decision making). In the end, one hopefully learns for one's mistakes (I tried to avoid that M word) and accepts the fact that we all are emotionally governed by fear and greed. We win some, and lose some. Hopefully we win more than we lose.

Al, as you caught the wording of my reply (minus the <g>'s and <VBG>'s that were deleted in cyberspace when I edited my post), I read your anger at Nextel by your taking aim at the "big guys" that get the undeserved credit for a company's success. My personal experience as a top level supervisor in my field (education) is that we all win or lose together. Everyone contributes to the success, or lack thereof, of any organization. As a former "big guy" I would always hire people who could do a better job than I in areas that I didn't like to deal with. One doesn't like to admit to weaknesses in anything, but a smart "big guy" hires the right people to compensate, and then thanks them and rewards them for their contribution. It's unfortunate and downright stupid if a "big guy" doesn't do exactly that! I don't believe that Ackerson and Craig McCaw are either stupid or poor managers.

ok. Enough banter. Got to load my camper (in front of my NY home) for the big trip south.

Regards,

Bernie



To: Al Gutkin who wrote (4706)2/16/1998 11:49:00 AM
From: Arnie Doolittle  Read Replies (4) | Respond to of 10227
 
Al, for the record, I guess I must be the "other California guy" because I too have a motor home. In fact, I passed through your neck of the woods in my behemoth last summer. And, no, I am not Bernie. But I do own the same amount of NXTL - 100 shares (or there-abouts).

Arnie



To: Al Gutkin who wrote (4706)2/16/1998 3:13:00 PM
From: Franklin M. Humphreys  Respond to of 10227
 
>>>Al, sometimes I catch something, most of the time, I get caught.<<<

Yup, sometimes you get the bear; and sometimes you barely get it!<BG>

Frank