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Pastimes : John Dessauer's Investors World -- Ignore unavailable to you. Want to Upgrade?


To: Paul Lee who wrote (1443)7/25/1998 4:07:00 PM
From: Diogeron  Respond to of 2346
 
Nobody's blaming JD, although either management and/or JD didn't seem to see the blip on the radar screen until very recently. The point is/was JD obviously has tempered his enthusiasm for the stock if you listened to the Hotline last night. That's seems evident to all.

If it hits 12, I'll sell all of my shares, take the profit, and run. Selling half doesn't make that much sense in my case.



To: Paul Lee who wrote (1443)7/26/1998 11:51:00 PM
From: DWB  Read Replies (2) | Respond to of 2346
 
Paul,

Please show me where in my post I in any way, shape, or form blamed JD for market risks? I've made money on PMRX, and sold most of my stock with a modest profit at $14. The shares I still hold will also be sold for a profit, if the stock doesn't drop below $9 when I do sell. At the time that I sold most of my holdings, I understood all the possible ramifications of my actions, and since JD hadn't given a sell of any kind on PMRX, I get to take the credit or blame for it.

I completely understand that the dynamics of the deal have changed... one of the things that gave me reason to sell was the fact that it seemed to be taking a long time to consummate the deal... making me thing there might have been some government problems that could scuttle it. Plus I had another stock that looked like a much better place for near and long term growth.

DWB