Bill Wexler's Dog Pound Message Board

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Non-Tech : Bill Wexler's Dog Pound

REFR 1.720

-6.9%

10:03 AM EST

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To: Hank who wrote (6841)	2/23/2000 9:01:00 AM
From: Mike M	Read Replies (1) of 10293

Exactly the kind of thinking that keeps you poor and rather bitter, Hank. I'm not just interested in "what is" but "what can be"....When I bought PFE 30 years ago it was already a very good company but nothing like today. SONE less than two years ago at a split adjusted price of 8 1/2 has been all over the map, MLNM at 34 recently touched 316, YAHOO...etc... I have been tempted many times to take profits. Sure they can give it back, but it is the ones that don't that build wealth. Only by holding on to them can that occur. You hate GUMM and don't believe in it... So what? Get over it! There is plenty you don't know about the company and that is an argument for no position not the bitter short position you have. Just a caution. Institutions are beginning to take a position in this company: insidertrader.com Institutional ownership has more than tripled in the last 2 quarters. Notice too that Morgan Stanley has taken a sizeable stake. To what purpose, I don't know, but I doubt it will in any way complement your short position.

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