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Non-Tech : Versatech (VITC)

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To: Patrick Slevin who wrote (216)11/20/1997 6:31:00 AM
From: Sid Turtlman  Read Replies (1) of 435
 
Patrick: Here is he link to my ERC post on the Stock Swap thread so you can refresh your faulty memory: techstocks.com

You will note that the stock was $17.25, not $19.25 which is where it closed that day. The next morning it got up to $20.50 or so. As I stated in the post, I am mainly a long term investor in the stock, because I think that a few years down the line it could easily be a triple digit stock.

The people on the Stock Swap thread, as you know, are mainly short term traders. I think buying a stock at $17.25 and selling it later that day or the next for a 2+ point profit would count as a successful trade on that thread. I didn't suggest it as anything other than a trade.

As to DHMG, look at the positive side. With your holdings of 40,000 shares, I am quite confident that you will not lose much more than an additional $280,000. Your loss potential is limited - hang in there!

BTW, Happy Birthday. You are a year older, but obviously no wiser.
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