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Author: ed697 Two stars, 250 posts Old School Fool SC1 Red Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 129  
Subject: Re: Reebok Acquisition Date: 8/4/2005 10:29 AM
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OK, I just sold. Here is my thinking.

1) roberrabbit is probably right about Nike not buying as easily. Although some other company may want to buy in to diversify a related product line, I would never buy in for that kind of prayer so why hold for that.

2) I am beyond one year of holding - also losses to offset the gain anyay.

3) I didn't buy into Reebok expecting a quick jump like this so this is like manna from heaven. If I hold I am completely changing the investment parameters.

4) Tom will either say hold or sell. If hold, no change. If sell, maybe enough people listen to cause a drop. Not sure about that last thought though since the sale price is a benchmark.

There it is. Good luck to those who hold, Ed
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