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Gold/Mining/Energy : Maxam Gold Corp. OBB:MXAM
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To: Laser who wrote (5523)8/29/1998 7:47:00 AM
From: Richard Mazzarella  Read Replies (1) of 11603
 
Laser, I noticed yesterday from your profile that your investment style is "short selling mostly". <<I do think Mr. Rand has something to contribute>> Yes to your investment style lately, agreed. <<I am a covered short.>> Why am I not surprised? <<is how you treat a new kid on the block>> Pretty brave now that you've covered. Don't you think it's kind of stinky to hide behind a frustrated investor to achieve your objectives, why weren't you posting while an active short. Maybe you were posting as a trial animal? Whether you know it or not, I believe in honest shorting from people with the character to honestly post. You now have to justify yourself by defending Rand?

There was something else you said yesterday that I need to comment about. You jumped on the activist shareholder CL Miltmore. When IPM stock was going from $1 to 10+ longs were ready to kiss his ring and build him a church. Longs hung on his every word as he seemed to have inside contacts that served them. As the stock failed the worship turned to disdain, even active hatred. I personally believe that CL believed what he posted, so did guys like Lew Green who also wouldn't begin to tolerate a dissenting opinion. You as a short especially know that you benefit from activist shareholders, don't be hypocritical now that you've pocketed your profit. You need them as much as the longs.

In any event now that I have my feelings satisfied, I apologize for jumping on you, glad you're now out of the closet. Maybe you will actively discuss the technical issues of Maxam, even as a short it would be useful for everyone.
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