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To: H James Morris who wrote (119766)	3/9/2001 12:21:20 AM
From: Glenn D. Rudolph	Read Replies (2) \| Respond to of 164684

James, I plan on no longer discussing Bill here. Rob is correct in that it is not my place. Any stocks that Bill and I happen to own in common is due to the fact I agree with the fundamental analysis being good. I have never bought a stock without doing my DD. I clearly made some errors on valuation based on today's pricing. The only stock in which I may have bought too much was Ariba and there is no one to blame but myself. The "new economy" stock in which I am under water have a loss in my portfolio of about $1.2 million as of today's close to answer your question. On the other side of the coin, my energy positions have done well as had SBL and a few other techs. They have not offset the the current losses by a long shot. I partition my market investment into three categories. Fixed income, capital appreciation and high growth. The high growth is vastly in the red. If I was no longer employed and was anticipating living on my stock investments, I would be concerned. Presently, that is not the case and it is really not my focus. I am not here to defend Bill. I am not here to blame Bill. I am here on this thread because I enjoy it and I want to learn. I am a jewelry retailer which is my occupation and I am also a diamond supplier to the trade but in relatively small quantities. This is what I do best. You once said to stick with it because it got me where I am and I am intending to do so. I do not now nor have I ever considered my self a stock market guru. I will say that in my opinion, I really undersand retailing and jewelry retailing more so than others. My accomplishments have been to either buy or start brick and mortar jewelry store in relatively small markets and grow them to have revenue and profits that are in the top 1/2 of one percent of all jewlery stores in the US. The real accomplishments is to do this in a small market.I literally own my markets and that is not due to selling $1 bills for 90 cents. It is due to have the proper inventory based on my customer's needs and preferences, employing top notch people with 85% of them having graduate gemology degrees. Those that do not, are currently undergoing training with the GIA at my expense. I am active on this thread because I enjoy it. If I make mistakes, I am the one that suffers. I do believe that my FA analysis is second to none although my ability to put a valuation on that is not too good. I hope this post explains my position and my goals in the business world. Glenn