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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?


To: Investor2 who wrote (2799)1/11/1999 3:42:00 PM
From: Bill Shepherd  Read Replies (2) | Respond to of 15132
 
Did anyone hear this caller in the final hour of BBs show on Sunday? The caller had obtained about 12,000 shares of broadcast.com stock, through some relative. Get this...for around 60 cents per share. The called asked Bob what he should do with the $2.5 million in gains. I think Bob was flabbergasted! After a commercial break, Bob gave the caller a very good recommendation:

Sell to the "sleep" level...that is, sell enough shares to sleep at night. Bob also made another very sound comment...NEVER GIVE BACK CRITICAL MASS. Here was a caller that made critical mass on a less-than-$10,000 investment. (O.K., so maybe it was really speculation!) The last thing he would want to do, Bob emphasized, was to give that pile of money back, and then kick himself for the rest of his life. Ultimately, Bob suggested he immediately sell $2 million worth of shares, and let $500,000 ride.

Some great advice from Bob, I'd say.

(BTW, the stock is up another $75/share as I type this...I wonder if the caller sold this morning...might have left a cool $750,000 if he waited until now...hehehe...boy oh boy, these internet stocks are going to fall long and hard when they do finally fall!)

Regards...Bill S



To: Investor2 who wrote (2799)1/11/1999 8:54:00 PM
From: Justa Werkenstiff  Read Replies (3) | Respond to of 15132
 
I2: "Yahoo is up $42 so far today. Better buy it while you can! Quick, everyone else is making the profit - don't lose your chance!! <GGGG>"

Yes, thanks for the tip. I'm in at the market price at the open. I am a long term investor so I can wait out any corrections in the price for a day or so. What is your three to five hour forecast for the stock for a long term investor like myself?



To: Investor2 who wrote (2799)1/11/1999 10:33:00 PM
From: Lars  Respond to of 15132
 
Inv2,

>>>
Yahoo is up $42 so far today. Better buy it while you can! Quick, everyone else is making the profit - don't lose your chance!! <GGGG>
>>>
I just bought more with a cash advance on my new credit card. HA!