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To: Lizzie Tudor who wrote (145603)	8/16/2002 2:56:07 PM
From: Oeconomicus	Read Replies (1) \| Respond to of 164684

What is it with these shorts, they were left behind in the bubble and they have to somehow redeem themselves now? Liz, if they've been short for more than a couple months and less than 3 years, I think they've redeemed themselves. Don't you? OTOH, if they're screaming "short it to zero" now, they must be praying they've picked the next scandal stock and unless they're either incredibly lucky or better at forensic accounting than the crooks are at covering their tracks, they'll surely be disappointed. Now, regarding your "let's restart the option debate" comment, no thanks. GST and I already agreed... ... we agreed that I'm a Fastow wannabe and that he's an emotional alarmist. Or one of us agreed to each, or something like that. ;-)

To: Lizzie Tudor who wrote (145603)	8/16/2002 4:32:57 PM
From: uu	Read Replies (2) \| Respond to of 164684

Lizzie: > I listened to the know-nothing shorts (which I know not to do, but did in this case) and missed a 50% gain. Now you make me feel bad, because I was one of the shorts who told you about BRCM's fundamentals - and the fact that I believe it will inevitably trade in single digits by October time frame - And I still stand by that. Message 17844634 Message 17857341 One thing I have learned when it comes to investing (as oppose to trading) what matters the most is simple "common sense". However in trading (vs. investing) "common sense" makes no sense what so ever! You just get up in the morning, and roll th dice and see what happens. Somedays you just get lucky and win (and can even attribute your winning to voodoo magic - otherwise known as charts and technical bounce back, etc. - and somedays you just lose and can balme it on "something" else. In any event... A stock is like a bus. If you miss one there is always the next one you can catch!

To: Lizzie Tudor who wrote (145603)	8/16/2002 5:59:55 PM
From: Victor Lazlo	Read Replies (1) \| Respond to of 164684

I agree re WCOM. Prior to the fudged books being discoverd, some smart people were saying they had as much as a couple yrs before their debt would really derail them. And yes some perennial pessimists also call themselves shorts. IMO the key to making $$ in any mkt is the neutrality to go either long or short, and not the dogged determination that someday you'll be proved right. Jim Grant was the doomesday prophet all the way through the huge bull market of the nineties. Now he's finally right, at least for the time being..