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Technology Stocks : INFOSEEK (GO)
GO 10.08+0.6%3:43 PM EST

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To: Rene Madsen who wrote (4436)4/20/1998 10:46:00 AM
From: cm  Read Replies (3) of 9343
 
<<OT>> REALLY Good Point, Renee... And, Tom...

There's not much common ground between SHORTS and LONGS.
In order for one to succeed, the other has to fail. Zero-sum
game. (I've oversimplified, thanks, I know... there are little
subtle things like how SHORTS can actually help the LONGS, etc.,
but I'm not going there.)

What I've noted on bunches of threads--both SI and YHOO--is
this tendency to blunder in and start making dire pronouncements,
sometimes couched in TA-ese, sometimes not so couched. Again,
not really a serious offense. But, not very helpful. Especially
when these pronouncements are not tied to anything related to
the company's specific approach to its business, its management,
its very real prospects, its competition, its recent announcements, etc.

Now, I know, that's not where SHORTERS come from... or momentum
traders for that matter. An acquaintance of mine, who does short
a lot, takes a certain pride in the fact he knows next to nothing
about a given company. Oh, he may snare something off of some
news site that looks bad and use that as a part of his quick
decision matrix.

But, what I have a real trouble with is a certain tone that's
been creeping in here. Nobody's case gets advanced by trying
to slam a LONG with "Wake up, the party's over..." or "You
LONGS are all alike," or "You're married to your stock and
can't see it objectively..." etc. And I got lectured the other
day because, guess what?, I was wary of somebody's continual
restatement of one slightly relevant fact (that had a negative
shade to it) and wondered if they were a SHORTER. Wow, even
positing that as a possibility was, like, some sort of bizarre
hypothesis. And, yet, on this and EVERY SINGLE THREAD I've EVER
visited, a similar tactic of repeating something sour again
and again--or making up something sour and repeating it again
and again--is a common modus operandi for SHORTERS.

Can we lift the tone up, again, around here? Can
we not refer to others as "suckers", even though the reference
wasn't direct? Can we lose the prosecutorial back-and-forth?
Can we suffer who we may think are IDIOTS in SILENCE? Or
are we determined to always get the last word, even if that
word isn't particularly enlightening?

Whatever some of our recent thread visitors may think,
we've always managed to keep a pretty civil tone around here.
And this HAS BEEN a pretty darned good thread.
Yet, that doesn't mean we haven't had some spirited debate on
the facts of SEEK's management moves, participation in revenue-sharing
versus CPM banner sales, lack of good PR, etc.

And, if someone can find a way to be offended by this
post, then JUST SUFFER THIS IDIOT in silence... a skill called
FORBEARANCE that I, too, have had to polish up on recently...

Best Regards To All My Friends And Even My
Not-Friends,

c m
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