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Biotech / Medical : WebMD Health Corp
WBMD 66.480.0%Sep 18 5:00 PM EST

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To: Keith Fauci who wrote (135)10/13/2000 5:30:19 PM
From: Tomato   of 326
 
After having averaged down the last month or so, I sold for a 30% loss toward the close. I'm betting that 31 days from now the price will be below $8 and that I'll have ample opportunity to jump back in at lower prices. I didn't mind Clark jumping ship, or the co-CEO leaving, but 1. the Indian co-founder leaving didn't sit right with me 2. the lack of specificity at the conference and the universal analyst thumbs down bothered me as did 3. the fact that success sounds to me now to hinge on the wireless Palm Pilot-type thing that isn't proven yet and wasn't even on the radar screen before the conference.

Hope I didn't sell at the low (actually, I know I didn't, as I sold at 7 7/8 ;-)) but as the cliche goes, time will tell. Good luck to everyone holding on. Hope to join you in a while.
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