15 December 2006

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Hello Stock Doublers,

Another quick note..

On the dividend that HIHO paid me this past week (607 shares x .16 = $97) I am going to reinvest the dividends back into the stock.

However I think the stock may come back down a little bit so I would like to pick some more up at the $3.50 range. (If the stock doesn't get down that low then I probably won't pick anymore up.)


But the benefit of the dividend is its money that I can reinvest into the stock. At $3.50 a share (if it got that low I would be able to purchase an additional 25 shares or so, not a ton but if it goes up like I think, that will help get to the goal of this stock.)

I only need the holdings of HIHO to hit $4,000 to keep pace with the StockDoubling chart. So I don't even need quite a double for HIHO. And adding additional shares WITHOUT adding additional monies is a great way to build the portfolio.

I will let you know IF/When I purchase additional shares.

The stock price has held up better then I have thought since after the dividend which is a good thing. Still about 7 weeks prior to the next earnings release so I think it may drift down ahead of the end of the year but we will see.

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Have a Merry Christmas and a Happy New Year
Steve Hoven

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