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To: BirdDog who wrote (7197)	3/18/2001 2:59:08 PM
From: kas1	Respond to of 10934

So when you execute as you have stated you will. You buy back in at, say, $40 (sold at $20). You maybe then will avoid spending some time looking at a piece of paper stating $10 and thinking about loosing money temporarily. My buyback will most likely be around 25, if other factors are ok. But the major issue is that you are assuming that we will see 40 soon. Your post is written as if I'm the guy who refuses to buy NTAP even though it's plainly obvious that it will soon double. I could write a very similar post, about it going to $10 and then $5 and languishing there for a long while. Who knows which is more likely?

To: BirdDog who wrote (7197)	3/18/2001 3:05:40 PM
From: kas1	Read Replies (1) \| Respond to of 10934

. And you will have bought back 1/2 the number of shares that you owned at $20. So when this stock goes back up 1,200%. It will be as if you only went up 300% because you have only half the number of shares you sold at double the price By the way, that's faulty math. If I did this, it would be as if it only went up 600%, not 300%. You are double-counting the price increase (dividing by two twice, instead of just once).

To: BirdDog who wrote (7197)	3/19/2001 1:40:25 PM
From: chic_hearne	Read Replies (2) \| Respond to of 10934

You buy back in at, say, $40 (sold at $20). You maybe then will avoid spending some time looking at a piece of paper stating $10 and thinking about loosing money temporarily. And you will have bought back 1/2 the number of shares that you owned at $20. So when this stock goes back up 1,200%. It will be as if you only went up 300% because you have only half the number of shares you sold at double the price. This kind of bull market logic doesn't work anymore. Hasn't anyone told you the mania is over? I think it's a major, and dangerous, fallacy propogated by Motley Fool, Peter Lynch, and others, that if the business is doing well, the stock must be a good investment. I couldn't agree more.