Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Conseco Insurance (CNO) -- Ignore unavailable to you. Want to Upgrade?

To: BWAC who wrote (1953)	7/26/2000 12:01:17 PM
From: donjuan_demarco	Read Replies (2) \| Respond to of 4155

"You guys can twist anything negative" The stock has fallen from $50 to $8, has declining earnings, has had massive writeoffs, has had the CEO resign in disgrace, has billions in debt, and has $1.5b coming due by the end of the year. What is there to twist???

To: BWAC who wrote (1953)	7/26/2000 12:10:06 PM
From: Mama Bear	Read Replies (1) \| Respond to of 4155

"What I simply can't figure is that you potentially have a maximum of $8 to make here." Are you under the impression that BRKa has more profit potential for a short position than any other stock because it has more points in it's price than any other stock? Regards, Barb

To: BWAC who wrote (1953)	7/26/2000 12:27:09 PM
From: donjuan_demarco	Read Replies (1) \| Respond to of 4155

"What I simply can't figure is that you potentially have a maximum of $8 to make here. Aren't there many other opportunities around these days that would yield that same $8 and a substantially less risk?" The maximum I can make is 100%, regardless where I shorted at. As far as better opportunities, I think RAD (another of Mr. P$nk's favorites) offers substantially less risk with an equal reward. Other than that, I can't think of any (of course, there are plenty of companies in equally bad shape, but they all trade at $1.50 and have no shares available). If you find a different company that is fairly certain to file chapter 11 within six months and that still has shares available, please let me know.