Dave Gore's Trades That Make Sense Message Board

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Strategies & Market Trends : Dave Gore's Trades That Make Sense

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To: Dave Gore who wrote (10991)	8/8/2002 6:47:11 PM
From: Dave Gore	Read Replies (1) of 16631

Interesting postings on ACF that might put most people's thoughts in perspective. Yahoo is a little over the top, to say the least, but these are typical of the postings later today after the stock started to rally. I normally don't repost Yahoo posters, but some are OK, and since the whole market is turning into a "soap opera" anyway, why not? LOL! ** by: eccchan78 08/08/02 06:40 pm Msg: 9921 of 9921 Yes you have shorted the Company down tremendously. Yes there WAS a 35% short interest on the Company. Yes the Company fell to a point where it is too dangerous to short. Yes the Company has AAA status by all 3 rating agencies. Yes the Company has grown revenues and earnings at an average of 25% a year since inception in 1992. Yes management STANDS to sign the financial statements. (And Yes, management knows about the Rigas family and people at WCOM and would most likely not want to get the same consequences). Yes this Company is undervalued thanx to shorts bringing this wonderful opportunity for a buy. Thumbs up for those shorts who profitted. However, I'm sorry for those that still try to short the stock. Did it not sting enough today? Yes, $1.3B is a lot of money for a Company to use. Yes, there is increased interest in asset backed securities. Good luck investing! * Also: Goldman Sad Sacks Was Just Creating by: alaskafishingfool Long-Term Sentiment: Buy 08/08/02 03:50 pm Msg: 9887 of 9921 a hugh buying opportunity for themselves and their insiders. My bet is that at the same time all their brokers were telling the little guys to sell, they were buying up like a hog at the trough. A lot of people would like to think of their broker as a shepherd, but eventually they realize that he is really the butcher and their investment accounts are the mutton.

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