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Technology Stocks : Copytele - Another XEROX in future -- Ignore unavailable to you. Want to Upgrade?

To: Ken G who wrote (1078)	11/8/1997 7:02:00 AM
From: Rich Goldsmith	Read Replies (1) \| Respond to of 1320

Ken, I don't short/margin because of the potential downside -- I'm afraid of losing my ass. If I did short it would not be in COPY, I do think it's going to $0, but not in the next few years. I bought COPY at 5-, 7-, and 8+, and sold at 7- early this year (split before the last split prices). The money went into PFE. I am now out of PFE, I'm afraid of pharms with PEs in the 40+ range. One could argue that I could have done just as well by shorting COPY. If I had shorted COPY, I'm sure the company would be out of business by now, which would have elimated this most entertaining thread -- another of my fears. I will save the rest of the 'my fears' discussion for the "Let's Discuss Our Feelings" thread. Let's see, that's in the Coffee Shop and turn left, right? Regards, Rich

To: Ken G who wrote (1078)	11/10/1997 9:58:00 AM
From: Tim Kenney	Read Replies (1) \| Respond to of 1320

Ken, you are just plain offensive. It is one thing to cast aspersions and sarcasm at those that have questioned your motives, but Rich can be accused of nothing more than trying to have a little fun. In case you don't know, Rich was a long on COPY, but got tired of waiting for the endless promises to pan out. So, he sold and is now having a little fun with this. The likes of Warren Buffett advise investors never to short. Whose advice should Rich take, yours or Warren's? Gee, tough call. Ken, you have many adversaries on this board to vent your nastiness. Not that Rich needs me to defend him, but it is very small of you to choose Rich as one of your targets. >You seem to have a comprehensive grasp on both the investing techniques and the fundamentals that drive stock prices. However, you indicate that you have never, not even once, gone short. Can you explain your reticence to do so? Why the trepidation to take advantage of all the downside moves in this or any other stock? You profess such strong convictions for the failure of this stock, without an ounce of follow through. What personal fears could you be holding back from us, that could keep you away from such obvious downside plays? Should we read this as: "do what I say, not what I do"? It would be helpful to know in evaluating your opinions concerning COPY's stock price potential.<