To: Reno With Love who wrote (1253 ) 4/30/1998 9:57:00 PM From: Tony Dang Read Replies (2) | Respond to of 3203
To Reno: On Tuesday, Apr 28 1998 2:20PM ET you posted: "this stock is definitely headed up, friend. probably to around $100 or $200 before the end of the week." What are your reasons for the rise in valuation to $100 to $200? Seeing as how tomorrow is the end of the week, it needs to go up about $60 to $160 tomorrow. Great call if it happens. On Tuesday, Apr 28 1998 7:35PM ET you posted: " KTEL is a good buy. Compare market cap to CDNW!" As of 24 April, CDNW had a market cap of $433M and KTEL of $102M. How can you tell from these numbers if KTEL is too cheap or CDNW is too expensive? Or how the two numbers are comparable at all? On Tuesday, Apr 28 1998 4:26PM ET you posted: "We'll see a big marketing agreement tomorrow and $60 a share." And on Wednesday, Apr 29 1998 8:15AM ET "this is going to be a big day for KTEL! a big announcement will fuel a great day for longs, it's reckoning time VERSION 3!!." If I remember yesterday correctly, KTEL went down and closed at 33«. Maybe you meant to say it would be a great day for longs to buy at a lower price. On Thursday, Apr 30 1998 12:49PM ET: "Mr. Riley, I am tempted to buy even more KTEL with your recommendations, but I was wondering if you will tell us when you are no longer a bull on KTEL? Because I have to admit I'm getting a little nervous now." Why are you getting nervous? If KTEL was a good buy at 39« when you bought 500 shares, then it is a better buy at 36« (approximate price at 12:49 on Thursday), even better at yesterday's close and a positive steal when it goes to $100 to $200 by the end of this week. On Thursday, Apr 30 1998 4:23PM ET: "The fact is, KTEL proved you shorts wrong ONCE AGAIN today by rising over 10%." KTEL made up the ground that it lost yesterday, a day when you said it would go to $60. So what's with the "in-your-face" attitude towards the shorts? Seeing as how yesterday was a down day, you could have made money as a short. Seeing as how you are long at 39« and somewhere near 37 today, it looks like you are still out of the money. My apologies to you in advance if it sounds like I'm picking on you, but you make assertions without reasons, point out valuation comparisons that don't make sense without context, display a superior attitude when the market ticks in your direction but do not acknowledge a blown call, and flip-flop on your assertions while looking for someone to hold your hand. If you want your opinions to be taken seriously, offer relevant insight or a novel point-of-view instead of hype and people will soon see the wisdom of your posts. My apologies to the rest of the board for taking up your time. In the meanwhile, I will wait for the 160 point rise tomorrow. Tony