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To: Robert Rose who wrote (5583)	3/5/2001 6:17:13 PM
From: Glenn D. Rudolph	Respond to of 57684

My prob is that some of the new econ gooroos around here were touting stocks, mark included, as recently as 1/01, if not even more recently, and then he turns suddenly bearish after many of these stocks had already declined 90% or more. and then the guy now "disappears" ! Rob, I have to give all these people the benefit of the doubt for a few reasons. People do get excited when a stock is doing well and often there is a perception it will do even better. There has been a lot of talk about stock hyping. It may be enthusiasm showing through with no motive beyond expressing ones excitement. I really do not believe that anyone here believe their comments will move the stock price. I suspect you were referring to Mark when you talk about disappearing. It is possible that Mark has taken a hit like the rest of us. It is also possible that in January 2001 Mark was bullish. The market has not moved as he anticipated and I sure can understand how one gets the market wrong. Possibly, Mark is tired of getting hurt and is taking a rest. Then there is the issue that we do make our own decisions. Some of these newer stocks are very difficult to determine what is an accurate value for them. Often this valuation is ones perception. It is easier to value the slower growing stocks because they have a history of trading at certain PEs in certain market environments. One could have gotten really hurt is some older names too in this market5. A case in point is my second buy of Ariba. I paid I believe $113 and at that time, I Imed to Bill about the price or vice versa. Bill was of the opinion it was way unvervalued and really thought it would be a good idea for me to buy it. He said "you will get your Amazon losses back with this stock." Thew final decision was mine and I hold all my Ariba shares still at a 90% loss. It is not Bill's fault. I had a lot of choices. One was not to listen and to not buy. Another was to buy but cut my losses as the stock price fell apart. Another was to cut my losses and then short it which would have been beautiful in hind sight. There is the problem. It is hind sight. I truly belive Bill expected Ariba to go much higher from the $113 price. Bill has likely ridden this stock down just as I have. The market is not that predictable and I do not hold my losses against Bill. Actually, I am thankful he took the time to give me his opinion. Possible I will make the same trade as he again in the future and it will be a great return. I am not willing nor have a desire to blame my losses on others even though I can't afford the loss. It is the risk I take being in a high beta and high risk stock. I could just buy Municipal Bonds or place whatever money I have in CDs. I understand your frustration and I suspect you feel those that you believe hyped these stocks screwed their frieneds. I am of the beleif these people found the market moved against them too. many of us may be having a hard time swallowing all that financially..... <ng> This is an issue we all need to address. It is something I addressed very poorly when I was in my infamous short position. I can only do my best and there will be point at sometime that we will all have winners again. My approach to changes in networth and their ramifications may be different than others. This may bore some people but I will share some brief ups and downs in my financial situation during my relatively short life time. My goal after graduating college was become a millionaire (which would have been considered wealthy back then) by the age of 40. I spend almost all of my waking hours working and literally missed the early years of my son growing up. However, I was a mulitmillionaire by the time I was 35 from my business. That did not make my lack of attention to my son any better it only made me think I could do something if I put my mind to it. In my tiny mind, I was on top of the world. None of my money was in the market it was in my business and in CDs. It was difficult to get (very costly) robbery insurance during those years (still is) although burglary insurance was not nearly as costly if one had the proper alarm and safe protection. I chose to have the burglarly insurance since during the night my entire businesses inventory could get wiped out. I chose not to buy robbery insurance. My believe was a robery was unlikely in my small area, if it occurred how much could they take in such a short time, etc. That was a risk I took. It turned out to be a bad risk. We were held up at gun point at 1:45 PM eastern time on Sunday, December 3, 1989. The people committing the robbery were...system error will continue save this on SI

To: Robert Rose who wrote (5583)	3/7/2001 1:56:16 AM
From: Tom Kearney	Read Replies (3) \| Respond to of 57684

Robert, "SCREWING YOUR FRIENDS!" ??????? I'm not going to get into it with you, but I must point out.... On October 2, you said about FFIV, when it was at 30: "Am I missing something? Or is this the buying opp of the century??" Your last post about FFIV on this thread was Nov2, and you said: "Disclaimer: happy to be an ffiv investor today. :) " You touted the stock all month long. You never later retracted this tout. FFIV closed around 7.75 today. I don't hold you responsible for this. But, by your posts over the last month and longer, it sounds like you seem to think we should. As I've said before, I think we're all adults here, and responsible for our own investments. We're just sharing ideas here. I like hearing what Mark and William and the others are thinking; I don't expect them to guide me. I used to like some of your ideas. I didn't hold you hostage to them. I remember when you touted ASDS at 18 (it went 28 and is now .25 - but I got out of that one at 28 long ago). Were you screwing your friends by not warning us about FFIV's colapse? Oh, well. Regards, Tom