To: Shu-li Chao who wrote (1894 ) 3/3/1998 8:15:00 PM From: LPasko Read Replies (5) | Respond to of 6528
YES, SHU-LI, THERE IS A PLACE FOR NAYSAYERS!!! Young Shu-li Chao wrote: "Do you know of any bashing agencies that are hiring...?," and the plight of this callow young carper brought tears to our eyes. Actually, Shu-li, there is a possible career path for an ambitious young person such as yourself. There are firms that specialize in short selling; many are not shy about publicizing their beliefs about stocks they think are overvalued. Imagine, young Shu-Li, if you had helped others escape from a long position in Cityscape (CTYSC, formerly CTYS) with your urbane observations! In January 1997, it was $ 32 a share; today, it is barely above 32 cents. Ditto had you gored Oxford ($89 down to $16), or if your bearishness precipitated dampened enthusiasm for RAIN ($25 to $10). Firms like these are always on the lookout for brash bearish bashers (say that three times fast!). Oh, your friends may cruelly tag you "William Shakeshare", or Ghouly Shu-Li, but never you mind! You must wear your negativity as a badge of honor. Benefits, you say? You mean aside from the benefit of knowing that your cynical sneers, your pummeling of pollyannas, and your bursting of bubbles generally benefitted an ungrateful public? Yes, there are benefits, Shu-li. And there shall continue to be be benefits for so long as there exist shares and young Shu Li's to shake them. A world without naysayers, Shu-Li? Can you imagine it? Why I'd sooner imagine a world without Santa Claus, or Kenneth Starr, or dedicated herpes researchers. Go forth, Shu-Li, and prosper. And remember that you are always welcome on this thread.