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To: Tim Smith who wrote (3143)8/2/1998 12:58:00 PM
From: Jane Hafker  Respond to of 10081
 
Well, there is organized email activity among another group that does quite well, of whom I have particularly unpleasant personal experience.

There is yet another aspect of this. Because Sea Otter is more cunning and savey in when to jump than say, stupid J.Haefjker who goes to work and forgets about it until she turns the net back on to get quotes, well, one is smart and the other isn't, and the other doesn't get up early enough in the morning to catch the pre-open bids, etc., that REALLY tell the story.

I had very sound advise from one shocked Ray Rueb, who I can ASSURE you was not waiting for a sink here, but hoping all along for a massive move up. Frankly it seemed more logical that the shark feeding would continue to move up than suddenly go down.

Again, to launch Portico on the SAME 24 hour sequence they announce yet another set of dismal financials to the nervous, jumpy SOES army, well, who planned that? Huh? Ray Reub and Otter?

Don't think so. But it was either planned, or they are so stupid at GMGC I can't believe it, as one negated the other completely.

Now, with the brain power on that Board, surely they are smarter than J. Haefker, who, at a board meeting would have noted the exact release dates of very bad negative earnings and the first few hours of Portico, which, if even slightly off, could torpedo everything at the same time. Which it did.

So, I have to assume some very smart money knows that what goes down will go up, and perhaps there are many, many doubles to be made here on a consistent basis IF YOU LEARN WHEN TO JUMP OFF THE MOVING TRAIN. In the day of YAHOO and college students day trading like insane little monster clay people on MTV, well, what do you think will happen to the fool that invests to see savings grow?

You just saw it. I made another sucker move here by not dumping on the first pop. I am out of character with my initial investing stragegy, and obviously unless you ARE in MSFT, you must move with the pump and jump with the dump.

[Note to self: Use Move With The Pump and Dive With the Dump as personal motto].

Sad. Or sit in anger and wait until the mob returns for another feed. As you have said.

So, on this we agree. We disagree that Ray Rueb is a sinister manipulator behind the scenes of GMGC. And he must have to laugh at the thought of it. Sea Otter I don't know. I would have to know the basic crowd the Otter runs with, and see any sign of pre-planned sinister intent. I just think Otter is smart and out or mad and still in.

And I'd rather share these open thoughts here than in private mail, as private mail can be clearly horrible backstabbing that the accused knows nothing of, and can indeed poison minds like crazy forever.

What we need to concentrate on here is what to do now. The choices are very limited. Stay you might lose. Sell you automoatically lose. I'm in the loss column now on both my blocks. But that's on paper and for the moment. Pretend you are Warren Buffet starting out and let's try and figure out what he would do. But then he beat the army of SOES by a decade, didn't he?

As you might guess, I once wrote a newspaper column and tend to still write them, unfortunately.



To: Tim Smith who wrote (3143)8/2/1998 8:47:00 PM
From: luke womack  Respond to of 10081
 
Tim, I mean no disrespect, but surely do you believe , if Sea Otter swam his little heart to death pumping GMGC, that you could credit to him the giant upswing, and then downswing? You really feel his following was that large? I can understand if GMGC's average volume per day was 100,000 shares, but even then I dont think I could get that many shares to be traded. Just wondering.

Smoo2001
Good luck and God Bless