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To: Londo who wrote (28199)11/24/2001 9:08:02 AM
From: Dale BakerRead Replies (3) | Respond to of 118717
 
It might be the moment for a contrarian move in MTP, but adding here would violate my rule of not putting more money into a story that goes bad. A good story with a drop in the stock is usually worth buying cheap. But MTP management has destroyed the trust factor that made their stock a compelling story.

So you would be buying in hopes that they haven't screwed up anything else - I wouldn't take that bet myself. I can add more WCG, ALGX, FTHL, NXTL or ALSK and be 98% sure what is happening with the company, and still be buying a bargain according to my criteria.

So I will hold my Jan 7.5 calls in MTP and hope you are right, that the stock comes back after tax loss selling and I get part of my cost basis back in cash.

But investing in bad management is a bad rule by my standards. And investing in good management almost always pays off in the long run.

Keep us posted on MTP. You are one of the few who seems to be able to wade through their smokescreen and follow the action. I lost interest after the last PR.