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To: Sarmad Y. Hermiz who wrote (126872)6/20/2001 8:55:42 PM
From: Glenn D. Rudolph  Respond to of 164684
 
>> Did you know I exited Ariba at 300% higher than its current trading price and I lost 90% on my trade? I sure feel smart now LOL.
<<
I know. I bought it at the time you were selling. And I feel the opposite of what you feel now.



Sarmad,

I was being a little facetious. Unless one has a very large amount of assets one cannot own a tremendous amount of shares of a stock if they buy it over $100 each. So I cut losses around $9 and change I believe but I lost enough money from my average cost of $113 to $9 it hardly mattered anymore. I know this does not bring back your losses. I was making fun of myself for being a fool to permit a 90% loss prior to exiting.