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To: Malko who wrote (358)7/21/1998 5:00:00 PM
From: Jester  Read Replies (1) of 40688
 
Malko,

I thought I was the only one buying these days. I admit I'm a bit stingier and only got a small fraction of my order today at my limit price.

I have a small thought to share. Glenn's compensation for his work is based solely on an ability to buy shares at $1. That's the deal. If the stock price is above $1 he can sell those shares and make money. If it is below $1 he would get nothing. Performance based compensation is a powerful incentive. Does this man seem worried to you?

I find it amusing that anyone would get angry with me for buying, which, if they are a shareholder, keeps them from losing money. Yet, it has been pointed out to me that buying at these levels will make me sorry when the price is $.50. This, from a supposed shareholder who can't possibly want it to go to $.50. Right? Frankly, I don't care if placing buy orders below the ask keeps them from dropping the price. If they want to drop it they can sell me the shares when they do. If they want to hold it, fine.

I hope you don't mind my posting your thread. The other thread is tough to read much less post to.

djb
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