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To: dacoola who wrote (2331)	8/12/1998 12:02:00 AM
From: Ron Harvey	Read Replies (3) \| Respond to of 4230

<<You obviosly are a sophisticated investor who has big doubts on this stock. Rather than using up the boards trying to make people convince you of the short position, it probably would be best that you do some real DD of your own or move on to something else that rests better in your comfort zone. This equity appears to be something out of that zone.>> 1. I have big doubts with every stock. I believe that skepticism is a hallmark of sophisticated investing. Faith, I think, is best left to religion. 2. I should think that due diligence requires investigation and queries that go beyond a company's PR arm. A 10Q isn't exactly available yet, is it? 3. DD, in my estimation, involves trying to understand why there might be such a huge short position. After all, maybe there are reasons that longs should be aware of. 4. And what you really mean by "using up the boards" is that you're disquieted by information that's possibly negative, which strongly suggests that we have different views of due diligence. To me, due diligence doesn't include the implied phrase "as long as it's positive." That's not diligent. 5. To repeat, all equities, in effect, are out of my comfort zone, but year in and year out I make money buying and selling equities that make me uncomfortable. (Peter Lynch said, "If you're not a little scared about each stock that you own, perhaps you shouldn't own it.") 6. If you'd like to contribute to my general knowledge about doing DD on a BB stock beyond gathering info. from company officers, PR personnel (and both of these sources are a tad nonobjective), and other investors, I'm open to new ideas. . . unless they infringe on your comfort zone. Many thanks for your concern, RH