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Technology Stocks : Data Race (NASDAQ: RACE) NEWS! 2 voice/data/fax: ONE LINE!
RACE 333.79-0.3%Feb 6 9:30 AM EST

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To: WW.com who wrote (30995)2/18/1999 12:11:00 AM
From: BDR  Read Replies (1) of 33268
 
<<but to constantly twist information to mislead people, and to lie
and the like>>

RACE has had an operating loss of about $2.3 million per quarter for at least the last year or more. That is not a lie, that is a fact taken from the 10-Q and the annual reports.

They have about $4 million in cash from various sources and unless they increase revenues, sell more stock, cut expenses or come up with some other creative way to make money appear in their bank account starting this quarter they will spend that $4 million at the recent historical rate in about 5 months. That, too, is not a lie.

I don't like to be called a liar, so please point out the lies in what I have said. What have I twisted?

<<You're from the "Dark Side", you hang out on those short threads>>

I am almost fully invested in stocks (that is long, no margin), have a small cash position and am holding a portfolio of shorts equal to about 7% of my long position. If my shorts increase about 15 fold in value I will be in danger of getting a margin call. If you wish to characterize me as a short you may.

I do spend my time on the short threads because I find the short candidates so much more interesting. The longs are well looked after by smart management who are busy selling excellent products at comfortable margins. When/if that last sentence describes RACE I will consider adding it to my long holdings, but for now I am short RACE. Nothing personal.
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