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Technology Stocks : Billing Concepts Corp (BILL) - An emerging e-commerce play
BILL 49.22-0.8%Nov 3 3:59 PM EST

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To: Paul Smith who wrote (144)6/11/2000 5:02:00 AM
From: Whitmore G.  Read Replies (1) of 150
 
Paul, I agree this is good news; however, the management of this company is so bad I have lost all faith in it. I sold out of 90% of my position before the death spiral below 5. I thought I was taking a bath then, taking my biggest loss ever in 20 years of investing and greatly damaging the gains in my entire portfolio for the last twelve months. My average buy in was close to 7. I see now that I got off easy. I immediately bought into the stock of some real companies and am well on my way to recovery. For what it's worth my advice is run don't walk away from this gem of a company that to it's great misfortune has the worst management I have EVER seen. All I.M.H.O!

P.S. I'm holding on to a small position just to remind myself of why bad mangement means bad investment, no matter what! Now if the stockholders were to come to their senses and purge these parasites in time to save the host! Oh well, fantasy is best left to the lovers of Fellini!
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