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Microcap & Penny Stocks : Teletek: Big Earnings About To Be Posted

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To: Abe Bleich who wrote (783)3/29/1996 5:45:00 PM
From: Lucas Hsu   of 1014
 
I gather the comment is meant for me, not Tony. Regardless, it
is rather silly. In fact you should be grateful to us day traders.
Why? you might ask. Well, as we all know, in the long run the market
is efficient. So the eventual price of TLTK will reflect the
underlying fundamentals of the company. So if you BELIEVE in the long
term prospect of the stock then you should be happy that the stock is
so volatile because you get to scoop up more shares at a DISCOUNT!
The fact that day traders and even shorts make some money in the
meantime is totally irrelevant. The ones who got shaken out are
weak shareholders in the sense that they don't really know why the
are in the stock anyway -- not the kind of holders TLTK need in order
to achieve a new high.

BTW, I don't want to quarrel with you over this, especially not in
public. We all have our own investment style --- lets agree to
disagree and leave it at that. This is my last post on this matter.

Best of luck with TLTK,

Lucas
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