To: Mama Bear who wrote (430 ) 5/27/1998 8:44:00 AM From: Lee Fredrickson Read Replies (1) | Respond to of 705
Barb: You make some good points. And, re: emotions vs. investing I think that you are generally right. I will always feel that shorting and other mainly derivative plays are methods of making money which contribute very little to society as a whole or a company as an individual entity. But the yen to make money, period, regardless of the action taken to do so's worth to anyone else won't go away in my time, so I'll have to give you the point that shorting, etc. are here to stay. I suppose that the emotions you mentioned, (which I freely admit has been there in my posts to this thread) have been less generated by shorting per se than by an ill-concealed tendency of some plying that method to gloat over their successes and bring little to the discussion save an attitude that strongly seems to say "Gotcha, you dummies, think I'll getcha' some more today." As an LT in NEOT, (at least for now <G>) who unfortunately lacks a Phd. in molecular biology, I can't contribute chapter and verse scientific citations to support my position, I have to read what's on the wires like most here. (I presume). But while I've heard lots of innuendo about Glasky et al, I don't recall anything about management chicaneries that was too concrete coming through this thread either. It's in the best interest of longs to support a co. and it's mgt.; likewise someone short would seem to me to benefit from running down the same entities. Who do you trust? All I've got is the seat of my jeans, and they like the concept of neuronal regeneration, in which field I think NEOT has a good position. Thanks for your response. Apologize for any and all ruffled feathers. Lee