To: sommovigo who wrote (2304 ) 6/20/2000 2:37:00 PM From: Kevin Podsiadlik Read Replies (1) | Respond to of 3392
Martin's entire letter was about an event and his opinion of the event - the opinion was omitted, and a new one was inserted in it's place - Herb's opinion. On calm reflection, Sommo, I think you will find that this only stands to reason. You see, unlike with some other reporters, Herb is being paid by TheStreet.Com to provide an opinion column. And specifically, the subscribers to TSC are paying to read Herb's opinion, not the opinion of some anonymous embittered man who just went bankrupt on a single stock. Besides, if they're really interested they can always go look up the original posting on RB. That Martin stated that he still believes in CYBR management is very important - as it allows readers of the column understand that even Martin, who had been washed out by margin, believes in the product and in management Yeah, and other people believe in the Tooth Fairy, so what. Ask Mama Bear sometime about Solv-Ex. There is (was?) one tenacious brace of folk there who have continued almost indefinitely to cling to a company's line long after the players had left the stage. Your point about the stock's intraday activity back when in was in the high 30's already having been answered, I'll skip to....Furthermore, if you read the Yahoo thread from the dates around the 23rd, you will notice several shorts essentially warning that this was coming Show me a message board for a stock more than five people care about and I'll show you a message board where someone is warning of impending doom. But the fact remains, in CYBR's case, they were dead right. No way did CYBR, at that point in time, merit a valuation in excess of $30 a share, and the subsequent total lack of support from outside merely proved that no one was willing to defend that valuation.