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Pastimes : Techride -- Ignore unavailable to you. Want to Upgrade?


To: Blue Snowshoe who wrote (6932)1/15/2000 4:55:00 PM
From: Mr. Aloha  Read Replies (1) | Respond to of 7442
 
I don't care who I'm talking to, but to call someone a fool or sucker or joke for trading a stock for a huge gain, and then to attack someone for pointing out another reason for the stock's recent runup is rude and immature. People who trade stocks long or short for sizable gains whatever their valuation are not fools, suckers, or jokes for doing so.

I've had many cases recently where I went long a stock from low prices and then turned around and shorted the same stock after a huge runup for another sizable gain (PERL, CORL, ICGE, GSTRF, FMKT, etc.). I may very well turn around and short TRRA at some point, but I won't call the longs in it fools, suckers, or jokes. Stocks don't trade purely on valuation, and that was one of my points. If I traded purely on valuations, I never would have made all those gains long and short the same stock.

Trading this market optimally requires more than just being a guru on internet valuations. Other factors, like the ones I pointed out on TRRA, need to be considered.

How can you say you surely know how to value an internet better than I when you don't even know who I am? I gave no valuation lesson (just reasons the stock has gone up and may go up further), and made no personal attack like you just made on me.

I used to live in Spain. I worked as a tech consultant in the telecom industry.

"Several fund managers" was a quote from the article I linked, not my own.

Most of those people can't buy GNET, LCOS, CNET, GO, and a hundred others because those stocks don't trade on the European exchanges like TRRA does in Madrid, which was my point.

I did not attack you and am not attacking you, but I don't appreciate being called a joke, sucker, or fool for making money.

I'm one TRRA "sucker" who's happy with over a 50% gain in less than 2 weeks (I did sell some over 94 and will trade out of the rest for huge gains -- maybe on Tuesday, maybe much later). I don't know what your track record is, but I've traded my trading account up over 1000% in 4 months with both longs and shorts. I don't post a lot on SI, but I have made a lot of people a lot of money with trading calls on another site and via email.

Respectfully,

Mr. Aloha

p.s. -- I also am long CNET and GO, but I may also short those at some point.



To: Blue Snowshoe who wrote (6932)1/15/2000 5:02:00 PM
From: Blue Snowshoe  Respond to of 7442
 
HYPE VS. PROVEN RESULTS, How to find a overvalued internet stock
Company, Shares outstanding, Media Metrix rating, Price
GO, 150,500,000, #5, 28 5/16
LCOS, 101,588,000, #4, 73 1/2
GNET, 27,815,000, #10, 88 3/16
AOL 2,235,486.000, #1 63 1/4
TRRA, 275,500,000, Never heard of them, 94 1/4
Any problem figuring out valuation? Proven by media metrix numbers vs. this may be the next AOL or YHOO and Harmon HYPE.
909S, BLUE