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.

Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?

To: Jeff Mills who wrote (19795)	10/29/1997 11:32:00 PM
From: Andie Wei-Ku Lin	Respond to of 61433

I guess the rebuttal is that we don't WANT to be like Victor. :-)

To: Jeff Mills who wrote (19795)	10/29/1997 11:53:00 PM
From: jhild	Read Replies (1) \| Respond to of 61433

They talked about that most of this afternoon on CNBC. There was a later report that he wasn't wiped out completely, and earlier reports that the clearing house he was using racked up big losses as well. Whatever happened isn't likely to spur sales of his book on life as a trader though. It's all gambling. Some games are a little faster that's all.

To: Jeff Mills who wrote (19795)	10/29/1997 11:56:00 PM
From: Surfer	Read Replies (1) \| Respond to of 61433

<ASND-ites: You all could be Victor Neiederhoffer. This guy lost it all on Monday. He sold S&P puts before the market tanked. 'Course those puts got awful expensive as the market dove 554 on Monday. He got called out of his puts via margin. Lost $100 Million on Monday--wiped him out.> Jefff, Is it true? Or rumour? I liked his book. Hope, it's not true.

To: Jeff Mills who wrote (19795)	10/30/1997 7:07:00 AM
From: Robert Scott	Respond to of 61433

This story is extremely hard to believe - why would someone do that after the asian markets tumbled and a market loss of 100+ points on Fri? I say the story is false.