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Strategies & Market Trends : WAST - why so low?
WAST 0.0370+12.1%Nov 21 9:30 AM EST

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To: Maximum_Gain who wrote (404)3/7/1999 1:24:00 PM
From: jmhollen  Read Replies (1) of 712
 
Simple, M-G,

I don't consider the amount of money it would take "..for me.." to average down a little as significant. If I choose to do so, I'll pick a number I like - and put it in as a limit-buy. If the MMs come to me - fine, if they blow me off - fine!

I told you very clearly, before, that I bought enough of this to participate as a "good-thing investment" only. If it evaporates I am not really concerned. Not pleased, but not concerned. I don't think it's going to tank out, you obviously do.

If you, on the other hand, are in over your head; my advice is obviously not for you. I'm not here to wet nurse your investment problems, and my opinion - from my point of view - is worth exactly the same as yours; about $0.02 on the open market.

Likewise, if you have no faith in the mgmt-pro tem, or the "fixers" then bail and take the loss. Personally I think Blaser and Rahr have to much at stake to consider it a write-off; so, I'm going to hang in for a while and see what happens.

Maybe you need to slide on over to AT&T, FannieMay, GM, or WalMart where everything is lovely and safe. WMT is going to split 2:1 soon - so you have time to get in if you like. Their clearstation.com chart and stats look real good for a split-and-rise play.

Regards,

John :-)
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