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Technology Stocks : EDTA (was GIFT)
EDTA 0.00005000.0%Nov 7 9:30 AM EST

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To: BILL JAMES who wrote (1944)4/21/1998 3:08:00 PM
From: GRC   of 2383
 
"Keep in mind that we have some very stupid traders on this thread they think buying a stock at .50 holding for a six months to a year and selling around 1.35 is a big deal."

Bill,
Don't forget the even bigger fools who buy at $1.50 or $1.35 when they could have bought at $0.60! Also, is quadrupling in 8 months really that stupid? Even if this is an all or nothing stock 4 times is pretty good. Other traders trade a portion, hedging against the chance the judge moves before the stock comes down. They are probably partly stupid.
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