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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: davedmg who wrote (2434)	3/31/1998 4:56:00 PM
From: Phil Jacobson	Read Replies (2) \| Respond to of 29382

Again, I just use VV to make sure I know when I'm buying something at $20 that has a net asset/liability value of only $2. For me it just helps assess "crash risk". Other than that I haven't found much of a use for it. It probably worked better in the 1960s. You should do some paper trading with their recommendations. It looks like a ridiculous trading system. I checked their recommendations one time after two weeks had elapsed and found that most stocks had gone nowhere. And a few had dropped precipitously. I buy mostly what I know...APCO, telecom stocks, APCO, satellite stocks, APCO, telecom stocks, and APCO. Oh yeah, a bunch of RECY and a few of the other weird ideas that I'd never usually find out about except from this thread have made it to my spreadsheet. Did I mention APCO? Phil

To: davedmg who wrote (2434)	3/31/1998 5:32:00 PM
From: LTK007	Read Replies (1) \| Respond to of 29382

davedmg,the precipitous dive that you speak of VV nor any one could have called unless they had insider knowledge.That fall had nothing at all to do with any thing going wrong within ABII--they got whacked because the announcement that they were going to try to takeover MetroMail was viewed as financially foolish--VV can not,nor any computerized program,predict "out-of-the-blue"news. BTW,ABII does still own a very large position in MetroMail,and as such will profit from this merger of MetroMail and GUS.max90