To: Dr. Seuss who wrote (2665 ) 9/21/1999 10:24:00 PM From: mst2000 Read Replies (2) | Respond to of 4443
Doc - You don't have a dime of my investment, which sits safe and sound and out of the reach of the likes of you as it has for a lot longer than you've been here and as it will long after you are gone (and which is still up considerably, though a lot less than it was a month ago). You think you know a lot about investing but you don't know jack about ATG or its business. You have played a successful short off a volatile small cap. BFD. You and Auric have premised your fraudulent posts (fraudulent because they bear no relation to fact on those rare occasions when they purport to talk about anything besides your collective genius at investing, your collective disdain for anybody who is long on ATG, and your collective joy at the fact that longs without the money or will to ride this out are losing their money) on the false notion that insiders are selling in volume, that the company has no business and is in financial trouble, that it is a pump and dump, and that the equity they have raised comes from disreputable partners and is harmful to the company and its stockholders. Every one of those notions is false -- demonstrably false and more than a little pathetic. Most of it is such complete BS that it is laughable to anybody who knows better. Howver, the assertion that the officers or partners of ATG are unethical, criminal or actively trying to harm the company and its stockholders is more than pathetic -- it is defamatory and deeply insulting to very honorable people who have forgotten more than you will ever know about this company or its business and who have consistently acted out of their perception of what is best for the company. I admit that I was wrong in May when I thought that the price spike to the mid-teens on the heels of the NYSE/PHLX merger flirtation story published by Reuters was only the beginning of an immediate term, strong upward trend. I have "paid" for that error by not selling a portion of my shares at high prices then and buying them back much cheaper since. But I have never regretted that decision for more than a nanosecond, because my investment objective has always been and continues to be long term and is not promoted by trading the stock actively. Nothing that has happened in the past 2 months has changed my opinion about ATG, which makes the short term situation that much easier for me to suffer through (nothing compared to 1998, believe me). To me, the trade off between immediate price increases predicated on BS press releases and pump (notably absent from ATG, a company you have asserted is a P & D) and building a better, more financially healthy company with greater long term potential is an easy one to resolve -- It saddens me that short term stockholders who got in at high prices don't know better, and lack the resources, desire, will, or investment objective to ride this out (and are thus losing money to those like you who feel no shame at distorting reality to suit their short term money-making objectives), but most informed longs are still satisfied that management is acting in the best long term interests of the stockholders, even if it is frustrating in the short term (something that your style of investing apparently can't even begin to fathom). My posts in May which looked with great optimism at ATG's future stock price were a function of looking at the stock price (and only the stock price), and not Company in its reality then. You and Auric have been making that mistake since the day you arrived here. It may work for a few weeks or months, and I have no doubt that you made money doing it, but in the long run, you'll be gone while those who stuck with this investment will be realizing several thousand percent on their original investments. Enjoy the crumbs, genius. You are a legend in your own mind. And I admit it, you definitely know squat about making money. MST