To: Kevin Rogers who wrote (13423 ) 10/29/1999 12:47:00 AM From: Roger Sherman Read Replies (2) | Respond to of 28311
Hi Kevin (master "Stockholder Meeting Reporter")! I'm so glad to here you're still out there lurking on this thread (sorta like me, but I have an excuse. . .I'm STILL on my honeymoon!!!). Although we both went to GNET's last stockholders's meeting, (and I was talking notes like mad), you managed to pick up stuff that I had missed! Russell is so incredibly intelligent, articulate, and FAST that it's hard to get it all without a tape recorder. I'm not the least bit worried about WS understanding the GNET story just yet, as it's all the better for us "long" term investors to take advantage of their oversights by investing heavily in GNET (and it's "Broadband Partners") now, in the early years before the rest of the world finally "gets it." As a "long term" GNET investor, the longer Wall Street takes to figure out what GNET and Paul are planning for the world. . .the better. During all this time the "short ones" can have their fun making a buck or two here, losing a buck or two there, paying their "short-term capital gains taxes" ("short term" capital tax penalty of between 5%-25% I believe) every year. It won't be a problem that I'll have to worry about. All my best to the "short ones," but I'm a "long one," and not worried in the least. When it comes time for me to sell them a share or two it won't matter to me in the least. And in the mean time, I'll sleep very well at night knowing my investment funds are in the hands of the very best! And remember, what Russell & Go2Net, Paul Allen, and the "Broadband Partners" are putting together has NEVER BEEN DONE BEFORE!!! If anybody can do it (and do it right), IMO they can! Just hang in there for a few years, and I don't think you'll be sorry. Someday Wall Street will figure it out, but NOT before all us "true-believers" have invested everything we can. Roger #FortyNinerNiner :))) PS. I hope we get a chance to meet at the next stockholder's meeting. I will most-likely again be the one asking the sort of "off-the-wall" questions. . .that perhaps makes the Board and management "think" in a slightly different "right-brained" way (not just left-brained "words & numbers" stuff way over my head).