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To: t723a who wrote (2719)10/15/1998 8:02:00 AM
From: Box-By-The-Riviera™  Respond to of 3029
 
Yes... t.... it was 9 (kinda like a 6 isn't it?) I did predict 3 months or more ago it would go below 10, just in case oliver forgot....

6 BTW was what it was worth over two years ago before it's great and well known rise (before splits).....

so....that it could return to 9 or 8 would be significant in %-age terms....with the addition of the small cap...handicap and all the other usual bear stuff....

bottom line...someone asked me about jumping in....and my OWN answer for MYSELF at the moment is still the same.....great company, wrong time within the context of the BIGGER picture. except perhaps for day trades of some sort. The potential for GREAT companies to be trashed in an unfriendly market continues to be a higher probability than a lower one (the opposite view of AJ Cohen) and, as I have said, great companies can in bear markets be valued at below BOOK....such an occurance would NOT be unusual... the risk/reward for ME at the moment is too great even taking a so called stock picker's approach.... this time around....I'd rather be really late than too early.

Joel