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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Dan Meleney who wrote (5902)	1/29/1999 3:25:00 PM
From: Paul Senior	Read Replies (1) \| Respond to of 78825

Dan M. And to tweak the thread, I'm starting to take profits today in another former net-net: ICOR @ 8+. This stock was first posted here by me about 7/24/97 as a net-net @ 2 9/32; it showed up later again on a Mike Burry screening list as noted by me 2/5/98 (post # 3147). Most of these net-nets get no comments, unless someone deems them "decent". This one was typical ("indecent" -g-); but it worked out very well, mostly because its business became associated with "internet". I don't think the business model association or subsequent stock rise could have been predicted a priori (i.e. in '97 or '98). That's why, IMO, it's best to try to buy a package of net-nets, if they are available. JMO, Paul Senior