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To: edamo who wrote (102584)2/18/1999 11:27:00 AM
From: Knighty Tin  Read Replies (2) | Respond to of 176387
 
edamo, Playing it one day at a time with all the best info and judgement you have that day. You already hedged your buy and hold concept with "until they lose their excellence." It is just that I notice that loss of excellence long before Warren recognizes that a Coke is no longer growing anywhere near its pe ratio.

True. I am not a follower of herd concepts.

MB