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To: Gary Burton who wrote (38580)3/1/1999 11:38:00 AM
From: Cragganmore  Read Replies (1) | Respond to of 95453
 
You mentioned RIG low (from EW) to be 19.5 - 20.00. Looks like we've had the print today. Is this it, or we have more downside to RIG? Strictly based on EW, ofcourse?

Thanks
Cragganmore



To: Gary Burton who wrote (38580)3/1/1999 11:45:00 AM
From: SargeK  Respond to of 95453
 
Gary: "Long ago, I learned to never ever allow myself to get emotional about the market and what is happening to my individual stocks."

-and-

"sarge-There was NOTHING erroneous, objectionable, misleading etc about your report. Nothing at all."(referring to the GIFI recap)

Regarding the first point, I also do not get emotional about my individual stocks. However, I do become irritated at consistent, repetitive posts which are over-whelmingly negative near term.

Regarding the second point. Thanks! I just knew we could come to agreement.

K



To: Gary Burton who wrote (38580)3/1/1999 11:52:00 AM
From: diana g  Read Replies (2) | Respond to of 95453
 
<<Off Topic>>> Well Put, Gary.
And BTW, Thanks for your input here. I appreciate it. Sharing info and method and opinion is what makes SI worthwhile. When it becomes a cheering section it is worse than useless. I'm sure most of us here share this belief.

But there will always be some who see investing as a game with 'sides' --- If you're not rooting for their side and professing certainty of complete victory, then you must be the enemy.

I hope those of us who have facts and opinions to share won't let themselves be dissuaded from posting by the rabid few 'boosters'. Most who read these posts aren't like that, I'm sure.

regards,
diana



To: Gary Burton who wrote (38580)3/1/1999 11:56:00 AM
From: SargeK  Read Replies (1) | Respond to of 95453
 
FGI and GIFI

Growth stock: Generally, a stock that is expected to grow earnings at an annual rate of 15%, or more. Stocks of younger or smaller companies, have relatively high risk and represent relatively aggressive investments. Usually, they have grown significantly in the past 3 to 5 years and are expected to continue growing for the next few years. Dividends, if any, are small and erratic, mostly because growing companies prefer to reinvest earnings in development efforts rather than set aside a percentage for shareholders. Growth stocks are usually purchased as a long-term holding, with the expectation that they will appreciate in price per share in the future, thus providing income at a later time. The stocks often sell at relatively high price to earnings ratios, are subject to wide swings in price. Bad press or other disappointments often result in emotional sell offs thus presenting buying opportunities for those with strong constitutions.

Thanks to all for participating!

K