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To: Russ Motter who wrote (6632)9/5/1998 10:02:00 PM
From: Kory  Respond to of 8002
 
Gotta love those analysts who try to get lemmings to follow them. Funny, CNET reported this a couple days ago:

news.com

$180 million in quarterly sales is a big misuse of corp. cash? What would be a good use in Mr. Fleckenstein's opinion.

Big screen TV a flop - judgment call for a product still only a couple years old.

Moving headquarters too costly - and where did Mr. Fleckenstein get his info about the cost of moving the headquarters? Far as I know, it hasn't been published. As for being too costly, it depends on whether the move achieves the goal that management wanted it to, which was the ability to attract more talent. I am not a big fan of the move, but it's easy to say that it is too costly before it has even been finalized.

Ted Waitt selling his stock after positive comments - Waitt has been selling stock periodically and consistently for a long time. I don't see any big push to get rid of more now.

As for his advice about the next 15 months, go ahead, analyst's have been so right in timing the market. I wish you luck.

Kory



To: Russ Motter who wrote (6632)9/6/1998 3:07:00 AM
From: Skeeter Bug  Respond to of 8002
 
russ, fleck is always so positive ;-) hey, the big momo, buy high, buy even more higher and buy the most at the highest level crowd lost about 43% of 7+ years worth of gains in a few weeks. and that was the most amazing 7 years that probably has ever existed in the stock market. AMAZING.

it is awful to see a ponzi scheme run its course. not as bad as betting against the ponzi scheme and see it keep going, though ;-)