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


To: Justa Werkenstiff who wrote (2805)1/11/1999 10:38:00 PM
From: Lars  Respond to of 15132
 
Justa,

>>>
What is your three to five hour forecast for the stock for a long term investor like myself?
>>>
The stock will be at $600 before the end of this week.

I think it is time to sell all holdings and close our internet mutual fund. I will email you my new phone number in Hawaii.



To: Justa Werkenstiff who wrote (2805)1/11/1999 10:54:00 PM
From: Investor2  Read Replies (1) | Respond to of 15132
 
Re: "What is your three to five hour forecast for the stock for a long term investor like myself?"

Sorry I didn't get to answer your question before close, since I'm sure I would have correctly projected that YHOO would go from +$42 to +$71 in the next three hours.

Best wishes,

I2



To: Justa Werkenstiff who wrote (2805)1/12/1999 12:24:00 AM
From: Kirk ©  Read Replies (1) | Respond to of 15132
 
I wonder if Buffett or Gates had trouble sleeping before they sold their large positions in a single company? Oh wait, they still own those shares! David and Lucile Packard Foundation is so rich that they are buying land all over CA for open space.... what a legacy! Glad they only sold enough shares to buy nice things.

BB's advice is good, but the guy would be alot richer if he held through today and didn't sell at the open.

I've also read that many of the very rich first got there by losing their first fortune and had to do it again, but better.

Me....I'd take the $2M and run leaving the $500K to run higer as BB suggested.