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To: SliderOnTheBlack who wrote (54692)	11/13/1999 5:08:00 PM
From: Harold S.	Respond to of 95453

I have never dabbled in MDR. I was thinking about buying a few shares Monday...any thought on how heavy a newbie to MDR should go?

To: SliderOnTheBlack who wrote (54692)	11/13/1999 6:23:00 PM
From: Razorbak	Read Replies (1) \| Respond to of 95453

No News is Bad News or Bad News is Worse Slider: Glad to see you hanging in there, buddy. Who knows? This recent plunge in MDR might convert you into an "investor" yet. <shudder!> ;-) Seriously, though, I was kind of curious as to why you averaged down on MDR's meltdown (no other way to describe it) but so readily dumped on MEXP's meltdown back in September. So I did a little digging and came up with the following quote from you. Perhaps this explains the difference, eh? I said "why" I would sell and also not be a buyer - on thursday; because there was a technical collapse in the stock's action thursday - on no available news - period.This followed over a month long trend down from $3. I further supported the reasoning for my comments; that being - that given the prior meltdown of MEXP, that it would be prudent to sell now & ask questions later - given the degree of the blow off (down 20% by noon) and most importantly, due to the fact that it occurred on no news & no comments from the company or its analysts. Preservation of capital should be job #1 under those circumstances - on any stock. I also said - to verify if any of the rumors that were flying around were true; and if they were not; to re-enter. Which I did friday - as I was not holding MEXP going into the week. #reply-11166727 The primary difference between these two meltdowns appears to be the fact that MEXP fell on no news (just rumors), whereas MDR actually fell on real news (the latest Q). In other words, "No news is bad news, but bad news is worse." Am I right? Care to comment on the above? Also, just out of curiosity, did you learn anything during the last two days that you plan to incorporate into your trading decisions going forward? A wise man once said, "Any fool can learn from their own mistakes, but a wise man can learn from the mistakes of others." Then, of course, there is the obvious corollary, "Learning from your own mistakes is a much more memorable experience." <g> Just curious as to your trading instincts, and genuinely trying to learn from this (admittedly unusual) meltdown. I'm supremely confident that I'm going to make a killing on this trade, but I long to be both rich and smart someday. <vbg> Best regards, Your ChiTown homeboy, <vbg> Razor PS - How 'bout those Razorbacks, eh? Sorry to all you Tennessee fans. <heh heh> ;-)