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Message from discussion Get ready for Hedge fund B.S.
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ter...@responsivemailing.com  
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 More options Jan 11 2008, 12:25 pm
From: ter...@responsivemailing.com
Date: Fri, 11 Jan 2008 09:25:42 -0800 (PST)
Local: Fri, Jan 11 2008 12:25 pm
Subject: Re: Get ready for Hedge fund B.S.
Schmidt,

I find your postings interesting and oftentimes insightful. You have
to respect a person with an opinion combined with a rationale.

How did the call to Investor Relations go? I have called three of the
stores in Canada and had candid conversations with the Managers. They
had all exceeded their December sales. Others have reported line-ups
through Christmas and into the post-Christmas time (both in the US and
CA). An announcement from Chip seems almost unnecessary yet the stock
is reacting to emotion (apparently fueled by Hedge Fund Managers), not
reason. I certainly understand the influence of Hedge Funds and the
games they play as well as history repeating itself. I was hungover
(thankfully) through most of my College Business classes but I do
remember two things; buy low/sell high and history repeats. It seems
these two things are all I have needed. I bought over 1,000 shares
(just a small player) yesterday at $34.15 (on the TSX). Is an
announcement from Chip or Lulu going to really make that much of a
difference?

Do you trade on the TSX? If so, what other stocks do you play? I would
like to investigate additional stocks as I currently only play Lulu
(LLL) and AAER (AAE). I played Apple for a while but the bank fees
were eating up most of my gains.

Terry


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