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To: marginmike who wrote (61883)1/12/2000 7:08:00 PM
From: jeremy_atticus  Read Replies (1) | Respond to of 152472
 
The question was posed (to Voltaire)about the split because of the mental aspect of the common investor. Thank you for trying to put me down though.

JA



To: marginmike who wrote (61883)1/12/2000 9:36:00 PM
From: 16yearcycle  Read Replies (1) | Respond to of 152472
 
This selling at a break through the 50 day is exactly the WRONG thing to do, imho:

1.We went past 2x the 50 day, guys. If there is ever a sure thing it is this: SELL AT 2 TIMES THE 50 DAY!!!

2. If you didn't, here is the deal: we can easily go to 5-10% under the 50 day and rebound way past it. There is no sense selling on a 40%-45% drop and paying taxes and trying to buy back lower. I am pretty stunned you are even suggesting it.

3. There is HUGE support at 100, which will soon be 12-20% under the 50 day. I will buy at 132, 125, the 50 day, and 100. I will leave a little powder for 80, which is the idiotically low price of 36-40X next years e.(We are growing at in excess of 50% per year)

4. I have spent my adult life buying young, hyper growth tech stocks. 50% drops from the high are the norm. Again, that would be 100. But folks will sell at the 50 day? The rebound over the next 3 years off of this years low will be incredible. Why not wait it out and try to get more at that price?

All the best