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To: Ralph C. Cinque who wrote (1589)9/28/1998 12:42:00 AM
From: carl parent  Read Replies (2) | Respond to of 2346
 
Dear Ralph ,

I am young broker and I have recommended a lot of JD stocks to my clients. Most of the time , they were stocks fro Europe , which have done well and I also have lost al lot money with Hilton, Lsi, Cd and got out of singer in time . I had posted a warning and wrote a letter to JD about my fears on management . I think it is important that us , investors, take responsibility for our decisions and not invest with our eyes close and dependent on 1 person only.

I do not think that you make money using a stop loss. You sell when it has reach the intrinsic value . C'est tout.

I don 't think Warren Buffet would be very rich today , if he would have use stop loss. Buffet decides to sell stocks when he thinks the company is overvalued not on market movement.

Thank



To: Ralph C. Cinque who wrote (1589)9/29/1998 12:33:00 AM
From: Big Sky  Read Replies (2) | Respond to of 2346
 
As JD claims to be an long term investor that makes recommendations based on fundamentals, I am surprised by the apparent lack of fundamental analysis that JD provides us. He rarely mentions growth rates, P/E ratios, PEG ratios except in the most general terms, so it is tough to evaluate the quality of his recommendations. I presume that Thom has a handle on these facts, since he's the "numbers" guy. I'd like JD to follow fewer stocks and provide more in depth research data to us, just some of the basic fundamentals would do.

Based on what JD shares with us, it seems that his decisions are made largely on gut feel with a bias towards companies whose management is willing to smooze him. (Like Wally, who is probably going to cash in his CSRE nest egg and retire to a trailer home in Sun City)