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Non-Tech : Bill Wexler's Dog Pound -- Ignore unavailable to you. Want to Upgrade?


To: Bill Wexler who wrote (7012)3/3/2000 9:12:00 AM
From: JDN  Respond to of 10293
 
Dear Bill: Well, 1999 then was the year the buy and holder won out over the trader. I sold very little (those I did sell, like yours went on up) but held a large proportion in my portfolio all year. I was up 125% for the year (thats gross w/o tax effect). Considering that I am what I would call a medium conservative investor I am happy with the results. I only post this to show that buy and hold can be the best way to go. JDN



To: Bill Wexler who wrote (7012)3/3/2000 12:46:00 PM
From: 24601  Read Replies (2) | Respond to of 10293
 
Mr. Wexler:

You claim to have done well on WAVX. You now explain your WAVX play as merely technical. But your spin at the time was that Wave Systems Corporation was a "crap" company and that its common stock was "crap." You know now -- as you knew or should have known then -- that your characterizations of Wave had no basis in fact. Indeed, the proof to the contrary continues to grow. The contest between you and the duly diligent on this question is becoming a rout.

People who recklessly propagate unfounded allegations of scam and fraud against a company while they are shorting its common stock cannot later defend such unethical (and arguably criminal) behavior by pretending that they were only exercising their supposed technical trading acumen.

Rather than rationalizing your record with revisionist reviews, you should be abjectly apologizing for your amoral actions.