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Non-Tech : MacDermid MRD -- Ignore unavailable to you. Want to Upgrade?


To: Bootz who wrote (12)4/13/1998 1:41:00 PM
From: John A. Stoops  Respond to of 22
 
Bootz,

I did get into it before the 3 for 1 split. This is a great company. Hold it and you will see. I think they can deliver 25% gains for the next three years, in my opinion.

John



To: Bootz who wrote (12)4/13/1998 1:58:00 PM
From: John A. Stoops  Read Replies (1) | Respond to of 22
 
Note: This is a post from Dan Leever (CFO) of MRD. on AOL.

"OK. Here's the straight scoop direct from the source. There was no change in the prospects during the period when the stock traded $37 or $28. Things are going fine, no special problems that should effect earnings one way or another. There has always been volitility in our shares. I don't know why. Last fall shares traded in a range of $20 to $30. If you don't believe in a $50 value (relative to the market), and a year to year time frame, then don't hold the stock.

We are major believers in the Buffett school which teaches that you are buying a portion of a business not shares. You wouldn't buy a company to hold for months, don't view MRD that way either.

I have essentially every penny of my net worth in MRD. My goals are 3x(share appreciation) in three years and 10x in ten years. No guarantees of course, but those who have bet against us reciently haven't done too well. So, don't ask me anymore why the stock went up or down day to day cause I really don't care!"

Dan Leever