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Non-Tech : RIDE Snowboards (RIDE) -- Ignore unavailable to you. Want to Upgrade?

To: Paul K who wrote (34)	12/10/1997 2:13:00 PM
From: Greed Is Good	Read Replies (2) \| Respond to of 91

Paul, you are not alone. This is my first post to SI and I feel your pain. I have e-mailed and spoken to investor representative @ Ride (Brian Young) who does not reveal much of anything. I really thought this stock would have some type of rebound by this time of year, especially with the positive news on how this years boards were being received. However, it looks like tax selling and the merger with the waterboard company are winning the battle. It is my understanding that analysts don't like the fact that Ride used it's own stock in the waterboard deal instead of debt (it reflects that Ride does not value its own stock much). I have 2000 shares substantially higher than the lousy $2.00 a share it closed at yesterday. I will probably take the tax write off by the end of the year and never look back as this was a lesson learned. I pray it is above $2 when I sever my relationship.