2000 Date-Change Problem: Scam, Hype, Hoax, Fraud Message Board

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Technology Stocks : 2000 Date-Change Problem: Scam, Hype, Hoax, Fraud

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To: Steve Woas who wrote (532)	3/1/1998 8:11:00 PM
From: Bill Wexler	Read Replies (2) of 1361

Steve STILL has trouble keeping his facts straight! Steve Woas believes that he can destroy my entire argument about the Y2K hoax by pointing out that I made "math errors" in post 464. In post 464 I was simply replying to Stevie's post #462 where he rants: <<If a person had shorted the stocks you suggest in your header for this thread, with equal amounts of money in each, they would be way down at this point.>> This is an extreme exaggeration. If a person would have invested equal amounts of money short in each stock when I started the thread I believe they would have been slightly in the red or break-even at that date. If a person would have shorted an equivalent number of shares of each stock they would have made a significant profit. I believe that a patient investor will eventually make a significant profit shorting these stocks (even starting today) by any metric. I pointed out that I was proven 100% correct on 3 of the 5 picks at that date, and that eventually I would be proven 100% correct on 5 out of 5.

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