To: Marty Lee who wrote (3772 ) 9/1/1998 10:09:00 PM From: Marty Lee Respond to of 11417
NADIM-65.. The entire investment community, Wall Street, whatever one wishes to call this Wonderland of an abstraction, is misrepresented. Rather than icon the markets with a Bull and Bear, one image will do. A SHEEP! - Wearing a bandits mask over its sneaky, rotten eyes. Or, perhaps a Pig.. like one of those in AnIMAL faRM. To say the least, we who put our money down on Wave Systems should be down on our knees. Praise the Lord! WAVX's price remained pretty much undisturbed .. There's so much that's so shady about this game we play. Our WAVX could have been the victim of usual manipulations. Were we already as "low" as we could go to begin with? I don't believe so. Were we spared by the "insiders," the investment bankers, the so-called "market makers", brokers, and "powers that be" over the financial agitprop that 'post hoc, ergo propter hoc' explain market conditions and their supposedly random but well patterned events? The pattern is ever on and upward, of course. It has to be. How could we live without hope? This Tuesday's edition of my IBD "BULL ENDS IN SELLING CRESCENDO" provides a splendid example of the kind of non sequitur nonsense that's typical. William O'Neil should be proud to be editor and chief of a publication providing such slaps in the face of reason. Hey! Hell! Russia's economy isn't doing so well. Like it ever was. But now's the time to be worried. WE SEE SHIT, LET'S FLUSH THE TOILET! And blame it all on the average investor's reaction to "world market realities." Ya right. There are wealth transfers made by governments' interventions into world markets. There are wealth transfers made by world bankers' intervention into the realm of rumors produced by their financial media. There is money to be made in the friction of the activity of buying and selling itself. Up and down. The game must go on.... Our WAVX represents something of an enigma. It's thus far weathered the storm; the one produced to bring the price of almost every other viable bluechip and bluecheap so very far down as a matter of "correction" when profits are said to be slowing more than usual against our hope in the general upward and ever onward pattern of the financial universe. All hope is lost. Ya, right again. Who's taking who for a ride? Where's the bottom to buy back in? What to buy back into? WAVX.. We didn't budge. We kept hope alive! If only because we are still so confusing to the "market makers" that they don't know what the hell to do with us. Did I really say anything you didn't already know? Marty