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To: BWAC who wrote (4517)	10/2/1999 10:59:00 PM
From: blankmind	Read Replies (1) \| Respond to of 10027

lets have some fun. any one want to throw out which stock will outperform nite by year end? stock 12/02/1999 current % change person nite 28 1/16 28 1/16 0% house dclk 114 3/8 114 3/8 0% LLcoolG

To: BWAC who wrote (4517)	10/2/1999 11:09:00 PM
From: LLCoolG	Respond to of 10027

BWAC, Thank you very much for your opinion. It means a lot to me. Considering the percentage gains to my net worth, not just my portfolio, on such companies such as ONSL and UBID last Christmas season, and on RNWK and EXDS this year, I suppose I would be a tad upset, too, if I was mired in the "value" sector and was still concerned about PEs. Boy, and to think that I was not even ripping on your beloved NITE. See you when I get my money back from such loser companies, and perhaps get back into this stock later on. Instead of worrying about the sad state of the market, as you see it, perhaps you should forget about PE ratios and familiarize yourself with the current relevant terms--float, cash flow, market niche/market share/competition, and momentum. You will probably perform better and not be so bitter. G

To: BWAC who wrote (4517)	10/3/1999 1:12:00 PM
From: BWAC	Respond to of 10027

LLcoolJ, I am not going to swap 7 figure returns and 3 digits percentages with you. Obviously there is more than one way to get those such returns. Assume all the risk you want. When it busts, thats the price of assuming the risk. High risk, potential high returns, and potnetial high losses. Dumping one stock at a loss and moving to the next greates thing will just help along the losses. Once the substantial level of risk is removed, thats when I'll be stepping in to take over the share being sold at losses. Hence, NITE. The risk has been substantially reduced. But you find it time to sell. Strange? And then go buy something else fraught with risk. Stranger? Successful long term investing or trading requires the management of risk. One should seek to minimizing their risk of loss, while at the same time seeking to maximize their oppportunity for gains. In my opinion NITE fits that very example now at $28. It did not at $50.