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To: KeepItSimple who wrote (62012)	6/12/1999 7:59:00 AM
From: Tom D	Respond to of 164684

<<that must have seemed like quite a bit of exaggeration>> You have made quick, huge profits recently. An investors dream. You posted your short position and your puts in advance. I salute and respect you for all of that. But I have a problem with the prediction of a 90% decline (not 30%, not 60%, not 80%. 90%). Then you set an impossibly short time frame, one month. And finally, you universalize it to ALL (your capitalization) internet stocks. Not simply the highly volatile ones, not an internet index. Not many internet stocks. Not most internet stocks. ALL of them. Every single internet stock. If you have written that you expect an additional 40% decline in the next couple months for most internet stocks, you would have made a powerful statement, particularly in light of your recent prognostication. But the statement you wrote was so extreme as to be ridiculous, in my opinion. Why even post such an extreme prediction?--It is meaningless. Tom D