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Technology Stocks : RRRR: Rare Medium Group (soon to be) formerly ICC -- Ignore unavailable to you. Want to Upgrade?


To: Mary Baker who wrote (1012)3/9/2000 10:35:00 PM
From: Mama Bear  Read Replies (1) | Respond to of 1150
 
"So, I still don't get your point. And from my perspective I think the LONGS were right. "

Try thinking of it as win-win, rather than win-lose. Sorry if you can't recall the events correctly Mary, but the stock fell from ~20 to ~7 1/2 in that time frame. From my perspective the shorts were right.

"But that will not discount the FACT that this stock has earned well over 1700 percent since you posed the question a year ago about why you should invest in this stock instead of going short. "

You must use that 'new math'. The high teens to 90 is nowhere near 1700% where I went to school. Just from 15 the stock would have to be in the mid 200s to be up 1700%.

Congrats on your profit,

Regards,

Barb