To: KZAP who wrote (9493 ) 9/22/1998 10:24:00 AM From: TraderGreg Read Replies (1) | Respond to of 11708
KZAP---I sympathize with your frustrations, and I do feel your pain<G> as well, since I have experienced losses on this stock as well. But look at it in the broader picture. Even SETO, a proven and reporting performer has taken a hard hit this year...down 70% from its high of just a few months ago!! Obviously, CSMA has not delivered on time. Hell, that is an understatement. But, given the failure to deliver, the spin off and restricting of shares will at least stop the bleeding won't it. If they never deliver, it goes to 0 right? But restricting the spun off stock will at least buy them some time TO deliver before it CAN go to 0. In other words, at this point, one who makes the conscious decision to place the bet LONG has very little to lose, as compared to what they already have LOST. The odds are not in their favor, so that is why my long bet at this point is for a lot less shares than I had before. Everyone else needs to evaluate for themselves how much they are willing to bet from here on out. What they are not willing to bet should be sold now. In any event, we all make those decisions and we clearly know the future risks. Stake your claim or sell now. If the company fails, we should all complain once, vent our disappointment, and then move on. offtopic--BTW, I heard and read that definition of sex that Paula's lawyers prepared. They blew<pun intended> the construct of it, and the hole<pun intended> they left was certainly big enough for a Rhodes Scholar/Yalie to drive a truck through. On the lie scale, LBJ has Bill beat by the length of 59,000 body bags placed end to end. TG