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Gold/Mining/Energy : Yogen Fruz IT'S ALIVE, IT'S ALIVE -- Ignore unavailable to you. Want to Upgrade?


To: Ward Nicholson who wrote (966)1/12/1999 6:56:00 PM
From: AGORA  Read Replies (3) | Respond to of 2453
 
What happened to YF today and over the last two days has nothing to do with fundamentals. Quite simply, investors are trying to take advantage of the Internet momentum (Bid.com, Valu-Net, Sideware and of course, several US companies).

To do so, most small investors have to liquidate current holdings and especially the ones which are not "moving fast". Yogen Fruz falls into exactly this category. For our money, YF represents good value at these levels and great value at anything below $4.25. Once the days of 30% gains/day are over, investors are going to return to value and "getting rich slowly". That is why our readers are loaded up on YF at $4.00 - and we have put our money where our mouth is:

agoracorp.com

Regards,
Agora.

p.s. Hell, even we are playing with the Net stocks...but we are not selling any YF to do it and especially at these levels.




To: Ward Nicholson who wrote (966)1/12/1999 11:23:00 PM
From: telecomguy  Read Replies (1) | Respond to of 2453
 
FYI, I don't trade on technicals - I don't have the time so I try to identify undervalued stocks with good mgmt and good track record - especially Small Caps.

Unless YF goes bankrupt - which is a possiblity but not in the near term future - why am I "meat" if the stock goes below $4.20 unless I bought on margin (which I didn't)? I just hold until it comes back up.

The point about faith is that for the fundamental traders at least, you analyze and try to understand the value that YF is building - and if you like the story - then have some faith and hold onto it because it will ultimately reward you big time.