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To: Stoctrash who wrote (2631)9/9/1999 7:10:00 AM
From: Keith A Walker  Respond to of 6531
 
"He dabbled in this venture stuff for the net, bought a castle in France, etc..." Exellent point my man. I too worry about any CEO beginning to contemplate becoming a sports team owner. Nicholas sounds like one hell of an individual, and, stockholders are served well by him in the driver's seat of the company, not head of the friggin' "Mighty Ducks"!

Once again, I think your TA sounds good. Today will be critical.

OT1: Doesn't Gates own some wild-ass Porsche? Maybe he and Henry should meet? Hmmmmm....

OT2: TUTS popped yesterday. Maybe a run back to 45+. Watching closely.



To: Stoctrash who wrote (2631)9/9/1999 4:37:00 PM
From: Raymond Duray  Read Replies (1) | Respond to of 6531
 
Hi FredE,

Re: Ducks and other Decoys

I, too, find this penchant for ego-gratification by our fearless leader to be a key indication of hubris and a jejune attitude toward the cause at hand. Of course, since the cause at hand is primarily settop boxes used for the idle entertainment of the vacant-minded, maybe it is all of a piece. Maybe we need to adapt a 'don't worry, be happy' attitude. Somehow, I doubt that Mr. Market sees it this way. At this point, my trailing stop on this yoyo of a stock is getting tighter and tighter. There are so many more appealing and interesting companies out there that still seem to be focused on the future. Not on the follies of the arena.

Fred, recalling you castle story, you may also recall the chap who ran MicroMuse for a number of years. I believe it was a Lamborgini that he ran into the farmhouse when he lost steering on a rain slicked road. A too literal interpretation of 'buying the farm'. Fortunately, the company survived his untimely demise.

Best, Ray



To: Stoctrash who wrote (2631)10/10/1999 8:12:00 PM
From: kas1  Read Replies (1) | Respond to of 6531
 
Re Henry Nicholas and sell signals...

Does Nicholas remind anyone else besides me of that super-arrogant weightlifting tank-driving macho CEO that ran Cabletron into the ground?

Caveat emptor -- flashy CEOs tend to have flashy, faddish stocks.