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Strategies & Market Trends : ZixIt Corporation (ZIXI) -- Ignore unavailable to you. Want to Upgrade?


To: Dale Baker who wrote (3272)12/8/2000 9:56:07 AM
From: edkaiser  Respond to of 4120
 
>>It's the ordinary Joe who bought all the way down that I feel sorry for...they are playing with money they can't afford to lose most of the time.

These stories are always so sad. The latest one I've seen is BND. Followed it closely all year because they started the year with very bright prospects for a turnaround. Now they have huge losses, declining year-to-year revenue, declining sequential revenue in every major line-of-business, have lost two major customers and are in violation of debt covenants. Stock price is down 80% in last month and 94% down from the year high. And the amount of denial in the minds of the "longs" is just amazing ...

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