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


To: Diogeron who wrote (1479)8/2/1998 12:35:00 PM
From: Krikor  Read Replies (1) | Respond to of 2346
 
Diogeron,
<<'m tempted to stop this stock picking foolishness and put most of my money in
Chuck Bath's Nationwide Fund, which has never had a down year in 13 years
(including '87) and double digit returns for the past ten, including 40% in '97. He's
going to be on Rukheyser's WSW on the 14th if anyone is interested>>

That looks interesting in those bad times, can you give us a web site of phone number for Chuck Bath's nationwide Fund

Thx,
Krikor Gullekian



To: Diogeron who wrote (1479)8/2/1998 5:07:00 PM
From: psyched  Respond to of 2346
 
"One is left to assume that he still likes it or he would have commented on it."

---like cppky, sew, gfasx, gfchx, sme, et.al. prior to tanking? In all fairness, I do recall that he recommended selling gfasx after it had already dropped significantly. I was a novice supposedly paying for his "seasoned expertise". Having limited funds with which to start I had to make choices, and all went South in a generally up market. (Thankfully, I bailed out of Hilton with a small gain.) What I most resent is the hype and self aggrandisement and promotional tone on his hot line. Chimps throwing darts would have faired better. Feeling like a jinx, should charge to NOT buy his picks as they seem to plunge whenever I buy.

I have not renewed this month. I did find value in his general economic analysis. Without his help( I guess I'm conservative by nature) I have had good results in EWF and closed end European funds(Not DGE).



To: Diogeron who wrote (1479)8/2/1998 5:33:00 PM
From: Tealby Abbey  Respond to of 2346
 
Diogeron,
For information on ESF, try esfh.com. I found this by entering the ticker ESF in my SI portfolio, and clicking on news. ESF announced results 30 July, and to me they looked healthy as a horse. BWDIK. I thought the annual report we got looked good, too. I would be surprised if JD went off this one unless he was off the Portuguese economy. Although the Portuguese economy outperforms Europe in general, ESF says that's not all that critical because the real takeoff comes with monetary union, hang on to your escudos! I would think same goes for STD.
BTW, I dont' blame JD for the fact WSW is sinking lately. Stocks are down across the board. My SI portfolios are painted red lately.
I wonder though, if JD needs to update his technique for the 21st century? I note here in the forum a lot of you are complaining about not getting 'timely' information. Some of your questions were addressed in recent issues/hotlines. I suspect he has a rule of thumb not to mention more than a certain number of stocks per hotline or issue, regardless of how many he tracks. I think what people are coming to expect, though, is daily status updates. I voted against JD going to web based information because I don't think it's fair to subscribers without computers, although it would be nifty to get daily advice with the click of a mouse.
I subscribe to Fidelity Monitor, a fund newsletter. Jack Bowers gives buy/sell advice, YTD performance and other information on every single Fidelity fund in every issue, as well as discussing markets, economy, tax reform, investment strategies, whatever. On his hotline, he lists all his BUYS in order of preference. Yes, it's a *long* phone call (an 800 number, fortunately), but if you hold Fidelity Europe Capital Appreciation on Jack Bower's say so, you want to know whether he's gone off it, correct? JB will tell you every blessed week whether it's still on his buy list. If you can't stand to listen on the phone that long (did I mention it's a rather long phone call?), he'll email you his hotline FOR FREE. And he only charges $96/year! Now that's value for money.
I think JD could take a page from this book and have our buddy Tom MacIntyre come on at the tail of each hotline and drone out buy up to/sell/hold advice for every blessed stock on the list, in order of preference. It would be a long call, but it's our dime, isn't it? It would be fair to all subscribers. It would reassure subscribers that JD and TM were monitoring stocks such as CPPKY.
I suspect, based on hotline contents, that JD either reads SI or has people reading SI and reporting to him. Therefore I urge all of you to vent not only your complaints, but your great ideas as to how JD could address your complaints, right here in this forum. I daresay JD will read it here (or someone will read it to him) and who knows? He may act upon it.