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To: bw who wrote (4593)10/23/1998 12:38:00 PM
From: bw  Respond to of 14427
 
Not much interest in Conoco around here I guess...<g>
OK, since they don't have Conoco gas stations on the West Coast...maybe the pertinent question to those in the know is:
Are their restrooms clean? Are the stations up to date with nice modern gas pumps? Do the attendants look filthy, have foul body odors and smell of cheap booze?




To: bw who wrote (4593)10/23/1998 12:38:00 PM
From: Thean  Read Replies (1) | Respond to of 14427
 
bw,
If you can do what you suggested and really position COC for a long term capital gain/income strategy, you will realize your $36 one day, hopefully in 1999. I have XON in my drip plan and I add money to it every year. Never touch it and let it grow. It works! I also have MO, JNJ and one more blue chip I won't mention as my core, long term holdings - they work! I did sell put against them during the slide the past month but I totally separated those ST moves from this LT strategy.

You did ask yourself before you plunged into COC what your strategy and gameplan for COC is, didn't you? If you act on what you have laid out, you should be fine. LT or no LT, COC will survive long term, if not being bought over by someone else first.

Now this is hakunamatata investing for a change.

Regarding your Conoco station question - they were badly upkept in a rural upstate NY place where I once lived.