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Non-Tech : E4L, Inc. (NYSE: ETV) -- Ignore unavailable to you. Want to Upgrade?


To: John Arnopp who wrote (297)11/7/1997 9:42:00 AM
From: Todd D. Wiener  Respond to of 1080
 
I'm selling.

This has gone on long enough. Take a look at the thread's first message. It's been 1 year since I started this thing, and the situation has not improved in that time. If someone wanted to buy NM, it should have happened by now. We could be waiting for another several months. Fundamentally, sales declined, and I'm just not convinced that the difficulties have passed. I understand that Q3 is likely to be much better than Q2. But when I ask myself if I would buy the stock today, knowing what I do know about NM, I say NO WAY. So if I wouldn't buy it, why should I hold it? In light of the market's recent volatility, I would like to take some risk out of my portfolio by dumping pure speculation and focusing on investing. By raising cash, I can buy more good stocks if their prices fall.

I hope for everyone's sake that NM is acquired for $15 tomorrow. But I can't wait forever.

Good luck.

Todd