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Technology Stocks : NOPT: Northeast Optic Network, Inc -- Ignore unavailable to you. Want to Upgrade?

To: Cosmo Daisey who wrote (116)	7/15/1999 11:38:00 AM
From: RobbRacer	Read Replies (1) \| Respond to of 708

Cosmo, I understand why the stock is holding and thats is largely due to your info about how the gilder report is distributed. Your comment about how a high concentration of doctors subribe to it is very telling. Pateince is a shorters best friend and I have only had a short position a couple days. My comments were that this stock will take up to a month to settle down. I have no problem waiting that long. as you know, we have exchanged quite some interesting dialouge by Pm's. I have enjoyed that but still havn't had anybody give me any true fundamental reasons to close my short and go long. all people say is Gilder is recomending it. I know that now about 1000 times. Other than that can anybody give me numbers with profitablilty estimates that would make me change my mind? This company is bleeding major cash and has basically no revenues. this will not change anytime soon. The stock has a market cap of over 1/2 billion dollars. So you are not getting any discount for being very very early. If you like the technolgy and the future prospects of the comapny that is fine. But it makes no sense to buy at these prices. It may have been a bargin when he recommended it, but it certainly is not now 100% higher Rob P.S. Currently Prepared to short at higher prices