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To: Jeffrey S. Mitchell who wrote (5534)4/4/1998 5:59:00 PM
From: Bert Zed  Read Replies (1) | Respond to of 10786
 
I think you are absolutely right. I have two big plays on the pennies at the moment with RNTK and MUCP. By coincidence 35,000 shares in each. But you know what. I have two other blue chips that I will roll over into with the gains. I will then gamble a smaller proportion into the pennies while sticking with Alydaar and the other more solid stocks.

You are right, it is all risk/reward ratio.

But it is all brought into stark relief by the fact that when I left JDAS last May I had about 10,000 shares worth $300,000 which had cost me $40,000. If I had done absolutely nothing and sat on the 10,000 I would now be sitting on just over $500,000. But hindsight is wonderfully irrelevant as we all know. I think that if I had the choice I would still have bought my Alydaar at $26. I have learnt more in the last 9 months than in the previous 9 years.

In what other 'job' would I be able to cycle 300-500 miles a week in the mornings and then start 'work' at 1430hrs and finish late in the evening. And most of all relish learning something new every day. I thought my brain had given up acting like a sponge after soaking up too much vodka at University.....!!

Yours, long on Smirnoff

Del.