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Gold/Mining/Energy : Gendis TSE:GDS.A -- Ignore unavailable to you. Want to Upgrade?

To: valg who wrote (54)	4/2/1999 1:08:00 AM
From: SAM-DAN	Respond to of 81

What a stupid question. Do you really think Mr Cohen who bought most of the Cohen family holdings at $18 to $20 is happy with the stock at these prices? Further we have been told by a number of sources that all the Cohen families had set up trust funds many years ago so that succession taxes would be minimized. It always amazes us that conspiracy theories are always proposed when a stock tanks,but when a stock rises it is inevitably the genius of the investor rather than management that is given the credit. Murphy's law is our favorite explanation for problems in a company although certainly management has to take some responsibility and in some cases the major portion. In Gendis' case ,it would probably be a combination of both.The move into gas and oil was brilliant.The timing of not cashing in the Pioneer stock at the top was a mistake.But how many people called the drop in oil prices. SAAN has been a disaster and management has to be held accountable for that although we suspect WalMart played a part in their problems. What about the investors.Who sold out at $27.00 and who bought in at $3.20.Conspiracy or intelligence OR JUST PLAIN LUCK! We felt it was a buy at $12.00 and even more at $5.00.So much for our ability to predict the market.But conspiracy? Lets have intelligent postings not denigrating ramblings of sour grapes.