To: James Fink who wrote (4321 ) 3/6/1998 9:23:00 PM From: Bernard Levy Read Replies (3) | Respond to of 12468
Dear James: I do not know what is happening to you, but you need a rest. Your posts on the CVUs thread were perfectly positive and constructive, but your recent behavior both on this thread and on the CVUS Yahoo thread has become inappropriate and really unworthy of you. While Yahoo tolerates almost any kind of behavior, SI has a specific code of conduct, and your recent posts could get you suspended. I certainly will not initiate such an action, but honestly, you need to take it easy this weekend and get some rest. You may have lost some money on CVUS, but a lot of CVUS investors (count me in this group) are in the same boat without trashing other threads. The LMDS auction should have made you realize that the market treats differently raw licenses from exploited licenses. The difference in price between CVUS and WCII is that WCII is ahead in installing the equipment to exploit its licenses. You should view WCII's stock price as a benchmark for the potential that CVUS could have if it becomes part of a large LMDS franchise. As quite a few posters have tried to tell you on this thread, both WCII and CVUS look good for the long term, even though their recent prices have moved in opposite direction. As to your WCII short, you mentioned earlier on the CVUS thread that you spent last weekend reading William O'Neil's book on making money on WS. Please read his section on shorting stocks-- you will find that as a rule that it is unwise to short stocks based on fundamental valuation. Instead you should wait until the stock starts moving down. A simple look at WCII's chart will establish that it is in the middle of an incredible bull run, and is not a short candidate. Best wishes, Bernard Levy PS: I do not know by how much you are down on CVUS, but it could not be a lot more than 25%. Such fluctuations are unavoidable if you invest in tech stocks, and it is generally a good idea to learn how to take them in stride if you want to make some real money.