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To: Joe Mintz who wrote (6)7/30/2000 3:34:29 PM
From: Joe Mintz  Respond to of 10
 
I neglected to mention that you don't need a large position to make solid gains.
Even with only 200 shares, you'll make $25,000 or so when the price returns to the earlier high (but remember, it might take a little while!).
I don't believe in "loading up" on any issue except in very special circumstances. Better to start buying carefully and accumulate over time.
The risk will always be there.
Investing makes you humble unless you remain in a state of denial, which may feel ok in the short run but eventually sweeps your wealth away.
Yes, there is money to be made here. But it is never easy, is it?



To: Joe Mintz who wrote (6)7/30/2000 7:54:22 PM
From: Intrepid1  Respond to of 10
 
Interesting how institutions now own 112% of the float. But you gotta love those insiders who have blown out 12 million shares in the past 6 months. Seems they don't share the confidence you hold in their company.

Ownership
·
Insider: 69%
·
Over the last 6 months:
· 32 insider sells; 12.0M shares
(9.2% of insider shares)
·
Institutional: 35% (112% of float)
(204 institutions)
·
Net Inst. Buying: 23.8M shares (+28.55%)
(prior quarter to latest quarter)

biz.yahoo.com