Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Z Best Place to Talk Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Ron McKinnon who wrote (47380)	3/31/2003 7:18:46 AM
From: fromBermuda	Respond to of 53068

"but I wonder if anyone over time has consistently made money doing stocks of this ilk" Oh, yeah...anybody who shorted these at ANY time in the past year or more! So either they all go BK (I doubt), or some will emerge at much more reasonable valuations...question is which ones. And I would have thought that RRI was a bellweather in this distressed area. If they can't refi on sensible terms, then I don't see how the weaker ones will..fB

To: Ron McKinnon who wrote (47380)	3/31/2003 8:34:15 AM
From: Larry S.	Read Replies (1) \| Respond to of 53068

Ron, as one who has taken hits on EXDS, Adelphia, and plenty of others, I couldn't agree with you more. I have avoided KM, UAL, U, AMR, etc. I do feel that RRI and others of their ilk in the IPP sector are a different situtaion than the others you mentioned. a small amount of risk money in this sector not out of line. opbviously trading them, or shorting them from higher up, is a better play as things have unfolded. larry

To: Ron McKinnon who wrote (47380)	3/31/2003 9:12:15 AM
From: Nemer	Respond to of 53068

>>>> but maybe I am just an old conservative fart who hasn't a clue well ... ol son .. this remark of yours has put me in mind of a story I heard a looooooong time ago .... fellow gets a job going door to door selling brushes his days are sometimes long, and sometimes not profitable however, sometimes interesting things happen after being rebuffed in five consecutive approaches he rings the bell for the sixth time and a verrrrrrrry young kid opens the door ... our intrepid salesman immediately inquires "good morning, sir, is your mother at home" and the kid responds "nope, Mister -- she's at work down at the whorehou-e" ... needless to say, our guy is completely taken aback, and all he can stammer is "HUH ... whorehou-e ... wellllllll I'm a sonofabeech" and the quickasawink response from the kid is "well, so am I mister, but damned if I go around knocking on doors telling people about it" ....... so ... you can see why this story was brought to mind by your remarks .... hehehehehehe