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To: Li Cai who wrote (6209)11/10/1997 8:57:00 PM
From: HerbVic  Read Replies (1) | Respond to of 213173
 
Li,

While it may seem true that one investor has to lose for another to gain, in effect that is not an absolute.

When sellers have the advantage, the price goes up. For a company with 20M shares in circulation, a $1 increase creates $20,000,000 in new wealth.

I'm sure you knew that already, but your remarks indicate that you are not taking that into consideration.

HerbVic, JAAO



To: Li Cai who wrote (6209)11/10/1997 9:14:00 PM
From: MarkM  Respond to of 213173
 
Li Cai: "First to ripe, first to rot".