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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: Bill Wexler who wrote (17480)2/18/1999 10:26:00 AM
From: Eddy Blinker  Read Replies (2) | Respond to of 18691
 
<No one can time an( individual stock or) the market...no one.>

Hello Mr.Wexler,

I am in the process of showing in color that you are in error.

Member 4312597

Eddy Blinker



To: Bill Wexler who wrote (17480)2/18/1999 9:27:00 PM
From: Victor Lazlo  Respond to of 18691
 
Bill you post wise thoughts.

Two of the best investments I ever had traded quite a bit lower than where I bought them for most of the time I held them. Only in the last few mos of my owning them did they really take off. Both were showing consistent progress in their business and in their financials.

The two were Brooktrout Tech (brkt) and Fixcorp (fixc). I held brkt for 3.5 years and fixc for 14 mos. It sure does take a lot of self-confidence to hold stocks like these, but as you say, the positive fundamentals will almost always bring them back up.

I don't know when ifmx will bottom out but I am really not too concerned, and I may buy more soon.

I think Peter Lynch had the same experience when he bought Chrysler stock big time during their near-bankruptcy/govt loan period, and they came out with the K-car, which he thought would do very well. He was right, but he had to wait, while many colleagues told him he was crazy.

Victor