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

To: Hank who wrote (7121)	3/8/2000 8:42:00 AM
From: DanZ	Read Replies (1) \| Respond to of 10293

The only thing that GUMM being down yesterday tells me is that GUMM was down yesterday. The stock is now in a short term down trend, but the trend on the weekly and monthly charts are still intact. In the short term, money follows money in both directions but it means absolutely nothing about the long term direction. According to your logic, every stock that was down yesterday, or that has been down for the past few weeks, is doomed to failure and will never turn around. GUMM was also in a short term down trend when it declined from 20 to 12 a couple of months ago. Then came the "I told you so's", "The stock is going DOWN", "The technicals are bearish", "The fundamentals are bearish", etc. The stock eventually turned on a dime and went on to 35. Yesterday means nothing about today, next week, next year, or next decade.

To: Hank who wrote (7121)	3/8/2000 4:38:00 PM
From: Mike M	Respond to of 10293

Here is something I know Hank. The stock remains above the price you shorted at and well above my average purchase price..... The selling further appears to be losing steam. For a guy in the red, you sound awfully proud of yourself. Reminds me of a guy doing a victory dance after scoring the team's only touchdown in a crushing defeat. Believe me Hank, while I am disappointed that the stock price does not reflect the value I perceive the company to have, I am far from despondent. In fact, I am in a great position to be taking advantage of this correction. See you on the flip side.