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Technology Stocks : IDTC Options Players (losers and whiners)
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To: Carl Smith who wrote (567)5/16/2000 1:17:00 PM
From: Steve Fancy   of 593
 
Carl, in my case, not sure what "right move" you are referring to, as every couple months seemed I managed to lose a couple K in options. Had a few winners, but the losers certainly outpaced them.

This is one of those rare circumstances where I continually went against my gut and lost money despite having the company pegged down pretty well. I fell for a lot of Hawaii hype as have many others and kept thinking the next event he hyped might finally do it.

Glad to hear you are in profit mode, and hope it continues to float upward for ya. I bet sooner or later HJ throws in the towel and sells. I can only hope he doesn't wait too long and try and squeeze this thing further.

I haven't checked today to see if they followed through with a gift certificate for my time, but this Mother's day thing will probably prevent me from buying IDTC again, despite the compelling value I feel could be there. I think it's possible HJ slowly wastes all this cash away, and personally doubt Freeatlast.com will ever generate a profit. I suspect he's created a monster that he planned on spinning off as a zero revenue .com and cash in on the zero revenue .com craze and now he's stuck with it. IMO Only hope would be to build a large enough user base to be able to get something for it, but I somehow don't think he has it in him. You would think the BOD would recognize their *main* problem and do something about it, but he's got the BOD locked up to doesn't he?

Good luck,

sf
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