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To: MulhollandDrive who wrote (2572)12/5/1997 1:07:00 PM
From: KM  Read Replies (1) | Respond to of 93625
 
Hey Betty: Whaddya know good? I just loaded up again mid-morning. Irritated that I closed the short too soon, but that's baseball.



To: MulhollandDrive who wrote (2572)12/5/1997 4:28:00 PM
From: MASTEQ  Read Replies (1) | Respond to of 93625
 
Betty:

What you say is, of course, true but I was not asking that the earnings be there now. I was asking for a rational explanation of how they were going to get there...with some realistic specifics...which apparently no one will give me.

As to going elsewhere, I take exception to your statement that if I think a stock is "over-valued" I should not buy or go short, but that I should, instead, take my investment dollars elsewhere. Why not stay with a company I have experience both way with? I think that a short is a valid trading action...not a comment directed at or being critical of anyone who is long.

As far as my editorializing goes, I just wanted to see if I could jar loose some information which would make me decide I was wrong and cover my short.

I guess what I am saying is that, if no one can justify the earnings which would support this price or higher with specifics other than "wish this and wish that", then I have learned what I wanted to learn and will stay short. Today was a nice example...great trading short for the day...and no real reason to cover the investment short.

Thanks for the information and good luck, Mike