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Non-Tech : Bill Wexler's Dog Pound
REFR 1.590-1.2%Dec 10 3:59 PM EST

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To: Paul A who wrote (7189)3/17/2000 5:38:00 PM
From: eli74  Read Replies (1) of 10293
 
Paul, as one of the lemon heads you disparage, I've been long VLNC for over 2 years. And I dare say I've made more money over that time just buying and holding this particular stock than you have being short the stock. I'd also suggest that really big money is made by buying and holding. I will admit that I'm not particularly objective (being a quite satisfied long), but it seems to me that the trend on this stock us up. Now its a free country so you can trade it from the short side (that is what makes a market, after all), but I would like to suggest that I'll be making a helluva lot more money being long the stock than you will being short, even if you're successful, and even if you trade it actively. Besides, I'll pay a helluva lot less in taxes than you will.

Happy Motoring
eli74
a very satisfied long term long in The World's Greatest Mobil Power Source Stock.
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