HB, 

I hear you!  We have all been at that place before.  Just remember, in the short run the market is a voting machine. In the long run, a weighing machine.  I bought Apple 6 years ago for split adjusted $7 a share.  People thought I was nuts, but I knew Steve Jobs was quality.  It bounced around for awhile.  $6  to $10. I sold out my entire position at $119 about six months ago. Shows what a great market timer I am, because it proceeded to go to $200 a share after that.  Still, the point is this:  When you sell it for $117 or $119, it really doesn't matter if you bought it at 6 or 7  or 10 or even 20.  You buy the people and the project and then you sit and wait for them to do their thing.  Take a look at the chart. Jobs was doing his thing the whole time, but the stock just sort of did nothing until 2005.  I knew I had a good thing there, so I sat on it.  I'm doing the same thing with Kimber right now. SB