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Non-Tech : Bill Wexler's Dog Pound -- Ignore unavailable to you. Want to Upgrade?

To: Bill Wexler who wrote (3458)	9/8/1999 12:43:00 PM
From: Graeme Smith	Read Replies (1) \| Respond to of 10293

AAPL, the worst short I ever made (other than Amazon and Yahoo). I shorted this in the mid teens. Was lucky to cover about 30 when I realised the error of my ways. Also IMRS, the last of the Y2K plays collapses. It's amazing how even after every other Y2K stock collapses people are still saying "IMRS deserves to have a higher than industry PE on temporarily inflated earnings." Well, I guess not. I like your new rating system. The best move I ever made was to break my shorts and longs into categories. For shorts I used Fraud, Broken Stock (convertible, bankrupt), Story Stock (Y2K etc.) and Highflyer (Internuts, way overvalued stocks). After breaking down the performance of each type I realised that the first 3 categories did equally very well and I was barely breakeven on the highflyers. As a lurker I'm glad to see you back, Graeme