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Non-Tech : CABOT Sinkhole (PRST, ZOLT, IOMG...) How deep?

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To: Andy Chen who wrote (26)6/24/1996 1:47:00 PM
From: NEIL MACK   of 90
 
Hi Andy, Pardon ME!!!?????? Conspiracy??? Newsletter???

You MUST have me confused with another person.

Did you short PRST? Did you buy on the high side? If you did buy high, well, so did I. I have also bought the stock at intervals on the way down. 175, 126, 79 and 48 in an effort to average my basis.
I know this company and believe in the near future and long term outlook. Please read the PRST thread if you really want to know who I am.

Yes, I support Cabot for the reasons stated previously. As I am a large shareholder in PRST, ZOLT, IOMG, I have spoken on occasion to Carleton Lutts of Cabot, more to ease my mind regarding the drop and also reinforce my convictions in buying.

Maybe you don't underestand why I am so unconcerned with the prices today. If you do not fully comprehend the advantages of buying a future growth stock in the development stages, that might explain your reasoning for finding some other justification for my positive postings on PRST stock. I have never shorted a share of PRST nor have I ever sold any since my first buys in the 40s.

If you check the postings from the beginning of the PRST thread, you will see that I have been long all the way. As I am curious at the hostility, if you care to post what offends you regarding me, I would certainly like to read it.

If you did buy PRST at the high prices and went strictly by my postings without any research on your own and then sold at a loss due to the price of the stock correcting, then study up on this company....make your own decisions. My belief in this company each time I posted my opinions was strictly that - my opinions. I made my decisions only after many hours of research which I shared with many other PRST shareholders who also hold thousands of shares and have also not sold any during the drop.

I do not operate a newsletter, write for one, nor have I ever worked in this capacity. As for any consiracy theory, If you were long, I would say that the short position which were losing Billions due to the rapid rise of the stock in May, might in fact be your proper target in the conspiracy issue. If you shorted and were squeezed out during the May rise in price, I feel bad for your misfortune. Good Luck to you.

Neil
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