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To: wallstreeter who wrote (325)	6/8/1998 3:19:00 PM
From: Lance	Read Replies (1) \| Respond to of 4624

From the very beginning! You know what...? I use to think that Warren Buffets' philosophy was all screwed up...on certain things... but he has one thing correct. If you have a stock that is legitimate, with good management....if you don't have a 5 year hold time you should not be in the investment game. Short timers.. (unless you are a day trader by the screen constantly)..will get burnt because it is very difficult to read the daily fluctuations of the market...however, over time....the market goes up and down in an upward line. Over several years...it pays off. Lance... Now I know why he is so successful.