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URL:  https://boards.fool.com/offramp-that-was-a-personal-lesson-of-mine-too-20351149.aspx

Subject:  Re: time to take some short term perspective Date:  2/19/2004  10:21 AM
Author:  illini1990 Number:  223 of 766

Offramp,

That was a personal lesson of mine too. I've since had the strategy of keeping a decent cash position reserved for special buying situations. And it doesn't bother me if I'm earning little or no interest -- my patience tends to pay off.

I agree ... I've found myself spread out a little thin with HG recommendations
at this point, but that's okay. That's part of learning process. I'm
learning not to feel the need to constantly keep excess cash in the
market, as opportunities will eventually present themselves.

I'm not expecting gigantic annual returns from CNXS, but I am expecting it to easily beat the market over the next three years. I like the non-controversial products they make, the possibility of new products, and the potential of being acquired; thus benefitting shareholders.

I have similar expectations. When you can buy shares at a great price
(like, below $12), it simply increases your chances of beating the
market (good ol' margin of safety).

Always good to exchange a little banter with a fellow Cubs fan (Maddux!)

Regards,

Tom


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