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wadegarret

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wadegarret

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Saturday, 02/19/2005 2:58:26 AM

Saturday, February 19, 2005 2:58:26 AM

Post# of 173805
Two quarters is perfect for the turnaround story

I have found that if you get into a turnaround story after only one good qtr of positve income, it could be risky, especially if the balance sheet is weak. However, if you wait for a second good sequential qtr( hopefully with good growth in the top and bottom line), then you are taking much less risk, and it is even worth it to wait for that and pay more. I learned the hard way on a couple in early 2004 where I lost over 50% real quick on one quarter wonders. Wade
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