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To: Eddie Kim who wrote (37637)	4/13/1998 1:20:00 PM
From: Fangorn	Read Replies (2) \| Respond to of 176387

Eddie, James "had a profit of 10 Gs" last week according to you. He didn't cover so he didn't make a dime. I had a loss of 50% last summer on IBIN when it was trading a 5/8 but sold for a profit of 130% at 3.25 last October. You can say whatever you want but a paper profit is just that. Until you close a position you don't have a profit or a loss, only potential.

To: Eddie Kim who wrote (37637)	4/13/1998 4:48:00 PM
From: jbn3	Respond to of 176387

... most daytraders consider the actual trade that they can make at this exact moment to be their profit/loss status. Two different investing beliefs based on the style of investing. One is not better than ... the other. Thus, it is "incorrect" to say to Mr. Fink that he has not made a dime yet if his investinf philosophy is different from yours. Eddie, Eddie, what are we going to do about you?! While your statement may in general be true (arguable), when one adds in the proviso that Mr. Fink made, i.e. not selling till it hits 59 -- it seems quite unlikely that Mr. Fink will ever make a penny on this trade. Au Contraire, and plenty of it. About 6 months ago we had a poster who stated that he would not cover his shorts until DELL hit 60. And that was 75 points ago. regards, 3.