Comments on Fund My Mutual Fund: Horrific Fall in New Oriental Education (EDU)

Chris good patience. It looks like my 2nd buy yes...

2008-01-16T11:48:00.000-05:00

Chris good patience. It looks like my 2nd buy yesterday will turn out ok - caught the bottom it appears at $56 but the purchase at $70 sure stunk. I did lighten a little bit today as it hit $65 (selling the $56 shares) but am content to keep the rest. This is just a baby company with many years of growth ahead. It reminds me of Ctrip.com about 3 years ago.

As for Nestle its just not my type of stock, now much growth there - but I don't follow it. I don't think I've ever owned a food stock per se in my life.

Luckily I got up late so I didn't buy EDU till it ...

2008-01-15T19:41:00.000-05:00

Luckily I got up late so I didn't buy EDU till it reached $59 but after that it was a wild ride. what do oyu think of NSRGY.PK it's food basically and should benefit from a lower dollar.
Chris

yes, I believe going off memory (its been a while)...

2008-01-15T15:41:00.000-05:00

yes, I believe going off memory (its been a while) WX beat by .02 or .03 on EPS. It's only a minor position now simply because the chart is not confirming the fundamentals. Ironically its USA peers (which I also considered) are having huge runs because they are considered "safety healthcare stocks". But the CHinese version of the same business is getting trashed. Interesting dichotomy.

you sure about wx?

2008-01-15T15:11:00.000-05:00

you sure about wx?