Z, it was very interesting to see that Vegas did—in spades—on the MTEI thread what he has unjustly accused us of doing. How he can show up on this thread and call Marty a liar—knowing that the problem was with Gordon—when the same thing happened to him at MTEI headquarters, is simply unmitigated gall.
Some of us have made mistakes. I put myself at the top of the list. But I do believe that some of us have learned from our mistakes. I think that you, Marty, Rich, Bob, and I would all do things differently if we had the chance. What has Vegas learned? What has Topfuel learned? Ian? Kevin? Their reaction to the perspective given them by 2 years of observation is to crank up the rhetoric, denounce the longs, and pretend they are omniscient and we are liars.
Has any of that led us any closer to the truth? No. All it has done is force us to waste a lot of time being defensive. Truth does not lie in the extremes. I thought your post that I put up on RB the other day came as near to being a rational evaluation of reality as anything I have ever read on these boards. I can take criticism. All I ask is the opportunity to make those judgments at the same point in history as my detractors. If my critics want to make a big deal about the fact that I was wrong during the summer of ’99, then let’s go see what they were saying at the same time.
The stock price is at a level I never expected it to return to. IMO, the contributing factors include tax loss selling, uncertainty about the LT debt, lack of a big money PR, general market sluggishness, Internet sector being out of favor, and simple attrition. You have said that you can wait for TIGI. I can too as far as I know. While I have been critical of people who have not had that staying power, the truth is that few people can predict what life circumstances they will be in in 2 ½ -3 years down the road. TIGI has certainly tested our resolve.
IMO, the above negatives affecting the stock price are temporary. This too shall pass. If I am right, the future is still bright. If am wrong, our resolve will be tested again. And all should do something un-American, take personal responsibility for their investment decisions.
Thanks for the unique insight and perspective you bring to this board.
Regards, Suzanne |
