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Technology Stocks : 2000 Date-Change Problem: Scam, Hype, Hoax, Fraud -- Ignore unavailable to you. Want to Upgrade?


To: Bill Wexler who wrote (464)2/13/1998 5:30:00 PM
From: Jeffrey S. Mitchell  Respond to of 1361
 
Since the title of this thread implies Y2K stocks in general, not just Bill's picks, perhaps we should look at the Y2K index. Well, over the last 52 weeks the range is from 212.56 to 425.06, with today's close at 421.60. We're talking a near 100% gain here and there are just about two more years to go to 2000, not to mention that pathetic ZITL is part of the index.

Say all you want, but the numbers speak for themselves.

- Jeff



To: Bill Wexler who wrote (464)2/13/1998 6:11:00 PM
From: Steve Woas  Read Replies (1) | Respond to of 1361
 
Bill,

Your figures are not accurate. The market was not open on 5/31/97. For example: the one stock that everybody knows is a bummer is ZITL. However, contrary to your figures it was not at $25 on 5/30/97 but was at $23.25. Zitl did not close at 12 today. It closed at 12 3/4.

Your advise is bad, and it is here for everyone to see.



To: Bill Wexler who wrote (464)2/13/1998 7:15:00 PM
From: Steve Woas  Read Replies (1) | Respond to of 1361
 
Bill,
No gain but a LOSS. If anyone wishes to plug in accurate figures, they will find that it would be a LOSS if they followed your advice.

Tell us all about the new math you are using. Perhaps you have a degree in math and would like to inform the thread all about it.

You said:

"if you would have shorted an equal dollar amount of each, you would be slightly ahead at this point"

Not with my calculator.

When a man runs the wrong way, the more active and swift he is the further he will go astray.

Steve
Y2K long



To: Bill Wexler who wrote (464)3/7/1998 9:21:00 AM
From: Steve Woas  Read Replies (1) | Respond to of 1361
 
Let me directly quote Bill in post 464:

"if you would have shorted an equal dollar amount of each, you would be slightly ahead at this point"

Bill was telling his followers then that they would have been ahead when in fact they would have actually been losing money. And they would be losing it today too.

Take a remedial math course Bill. Then when you start a thread people might be more apt to believe you. How in the world can you expect a following, when your math is so bad and your are telling people to short Y2K stocks, just when the Y2K issue is starting to get world-wide coverage?