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Tuesday, September 06, 2005 7:30:18 PM
I got your PM, but I can't reply b/c I'm not a premium member. I tried to wait until Happy-Hour, but I'm not sure when they do that.
I, too, reduced my position a little while ago, and I'm looking to accumulate at lower levels. It seems as though volatility is the name of the game right now... I am holding a core position, however. I really need to see that PR about audits, SEC filing, etc. before I'll committ to an overweight exposure to this position. The fundamentals stack up nicely, but I like more certainty. We'll see how everything pans out... Take care and I hope everything is going well.
Smith
P.S. Unless I've just not noticed, the board seems a little better. I've been staying away, however, so I could be wrong.
"Most of the time common stocks are subject to irrational and excessive price fluctuations in both directions as the consequence of the ingrained tendency of most people to speculate or gamble... to give way to hope, fear and greed."
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