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To: John Lacelle who wrote (84)	5/12/2001 11:59:52 AM
From: tradermike_1999	Read Replies (2) \| Respond to of 574

shorts have been vindicated by the two press stories. Most of the material dug up by the two reporters is not new to you or people who have been following the stock on the message boards, but it is a form of vindication when the mainstream press verifies all of the leads all of us have dug up here.. This has been a contentious battle. Last week one of the stock promotion firms responded to us. Now it looks like the game is up. Once a story of stock manipulation hits the news wires usually the players cash out. It gets too dangerous for them.

To: John Lacelle who wrote (84)	5/13/2001 1:50:08 PM
From: blebovits	Respond to of 574

"Shorting is not for amateurs ..." Top Post, Fri May 11 17:46:00 EDT 2001 By cotton4 - Taken from Apple Computer (AAPL) Previous Respond Next By: cotton4 05-11-01 at 2:33 am Reply To: JDE Post # 88405 Jd: re 2. Shorting is a truly amazingly wonderful to lose money--and, additionally, is remarkably ignorant. Ignorant? On what do you base this conclusion? And I'm sure that those that shorted CMGI, AMZN, BAMM, KTEL and a host of other stocks too numerous to mention....including AAPL would disagree on losing money from the short side. Let me disspell one common well-wornout myth about shorting, which is this phrase: If you short a stock you can lose an infinate amout of money. This is just another Wall Street catch phrase and is no more valuble to the investor/trader than the others e.g.. buy low---sell hi, If you are going short...you must have a stop-loss point and stick to it. If you are wrong you are wrong;Cover and get out Forget that "losing an infinate amount of money" garbage. Shorting is as American as apple pie. Specialists do it. Market makers do it. And manufactures do it everytime they sign a contract to deliver goods that they have not yet made. Aircraft is a prime example of a product that is sold years before it will ever be delivered. But shorting is not for amaturs. I see "shorts" on the RB boards making the same mistakes the longs make, but in reverse. Instead of buying the top, they short the bottom and get hammered with short squeezes. I guarentee you that the professional shorts will know a company's books better than any long Wall Street analysts. Some of these guys will hold a short position in a stock for years. Going short generates credit interest to the account ( caution: If you short a dividend paying stock, you get to pay the dividend), and if you short the stock of a company that goes bankrupt, you never have to pay taxes on the gains because the transaction was never closed. Yes. That means that those who shorted some of these dot.bombs that no longer exist will never be visited by the I.R.S. That is not ignorant. You are remarkably uninformed. Don't believe me? I have a long position in my IRA that went bankrupt in 1988. It still shows on my statements.....as 0.00. I still remember what it cost and I much rather wished I had been short....and not in my IRA! cotton ragingbull.lycos.com