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To: Sonny McWilliams who wrote (14038)12/5/1997 4:40:00 PM
From: billwot  Read Replies (1) | Respond to of 27012
 
Sonny-Re: "... you guys have guts." I said the same thing when Stonehenge posted his INTC buy earlier this week. gg

BTW, the only problem with your excellent tax advice (keep the long gains and sell the short gains) is I don't seem to have many short-term gains. APM, WDC, and SUNW were my short-term gains until recently,so I sure you need no further explanation! gg

billwot



To: Sonny McWilliams who wrote (14038)12/6/1997 5:32:00 AM
From: Frank Ellis Morris  Read Replies (3) | Respond to of 27012
 
Good morning Sonny,

I found this story on organized crime in the market place and thought you may want to read it.

INVESTORS BEWARE: CHOP STOCKS ARE ON THE RISE
"Chop" is slang for spread -- the difference between the prices brokerages pay for stocks and the prices at which the stocks are sold to the public. Stock promoters are finding ways to manipulate stock prices to create huge spreads. It's a $10 billion-a-year scam in which organized crime is taking an increasing role. A Business Week exclusive, by Gary Weiss.
businessweek.com

I believe that there is an organized crime with the manipulation and trading of all securities which is a contributing factor to the daily wide volatility in the market place.

Have a nice weekend
Frank