Investing for retirement (was Baldwin stock)

[Billbrpt@AOL.COM]

---------------------- multipart/alternative attachment
In a message dated 5/7/01 7:48:56 PM Central Daylight Time, rrg@nevada.edu 
(Robert Goodale) writes:


> Reverting back to
> Baldwin, I see it as a very risky investment and not likely to turn a
> significant profit any time soon and if it goes belly up then you can kiss 
> it
> all goodbye.  There are simply too many better options out there.  When it
> comes to your retirement you are looking for what makes money not 
> investments
> in a company you "feel sorry for" and dump money into so you can feel better
> about yourself.  If throwing money away makes you feel good about yourself 
> then
> by all means feel free to pay my taxes.  Then you can feel really terrific.

Thank you Rob and Larry T.  Of all the posts Rob has written (and there have 
never been any that I have ever disagreed with or objected to), this one has 
been the most useful I have ever read.  It saved me from having to write the 
same thing and being mocked as an "expurt" by a guy who should have learned 
to practice what he preaches years ago.

Let's face it, the only reason to invest in any stock is to make a profit.  
Even if all PTG members who felt some sense of charity and who wanted to try 
to "save" this company were to suddenly pool all of their resources by buying 
as much Baldwin stock as possible, it would barely make a ripple in its daily 
value.  It would only serve to line the pockets of the day traders who had 
bought at a previously lower price and who now will take their profits.  Even 
worse, any money given to Baldwin would serve to fill the purse of that woman 
who ran the company into the ground and who will syphon off a million dollars 
as her reward for doing so.

If what is written here on Pianotech is so all fired important that we should 
be "careful what we write" as Michael J. says, then Baldwin's new board of 
directors should be taking notes.  Hire Del to design new products and 
somebody like Roger Weisensteiner to run production.  It's your only hope.  
Are you listening, Baldwin?

Bill Bremmer RPT
Madison, Wisconsin

---------------------- multipart/alternative attachment
An HTML attachment was scrubbed...
URL: https://www.moypiano.com/ptg/pianotech.php/attachments/4b/e3/9d/25/attachment.htm

---------------------- multipart/alternative attachment--