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To: Cynic 2005 who wrote (19428)11/19/1998 7:40:00 PM
From: Judy  Respond to of 77400
 
OTOTOT

Mohan, one must respect the market and the trend whether one's fundamental beliefs are long or short. Did you go long anything during the recent 1500 point market rally? Oh, and you didn't have to pay an arm and a leg either ...

btw, does WDC have a good likelihood of recovery? It was one of your favorite fundamental shorts in the past.



To: Cynic 2005 who wrote (19428)11/22/1998 11:27:00 PM
From: Jay  Read Replies (1) | Respond to of 77400
 
Mohan Re "the notion that good companies are worth paying an arm and a leg"

By definition anything that is truly good will cost a lot of money, wouldn't you say?

I don't know much about stocks but, in buying anything in general I've
found it worthwhile to follow a sage's advice (I can't remember the exact words or the source, so I'll paraphrase): "you will appreciate the quality long after you've forgotten the price you paid".

Have you observed the same?


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