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To: Kachina who wrote (16044)1/4/1999 3:16:00 PM
From: Kachina  Respond to of 17305
 
Tho I should perhaps talk - I just closed out for a 50% loss on a play I made on Ciena. I averaged down when it was 30 and below.
But that still leaves me with a bit of profit on the bundle. After tax giveback on the loss I declare it will be more like a 30% bath.

Oh, well. Live and learn.



To: Kachina who wrote (16044)1/4/1999 4:23:00 PM
From: Patrick Slevin  Respond to of 17305
 
Heh, no I meant some guy who publishes a recommendation list.

I think he gets paid to do it, he often recommends issues of less than top quality, if you know what I mean.

I can't recall his name, but one of his ways of making money is to scan chat boards like SI looking for people who bad mouth his clients' stock so they can go after them.

You know, high end stuff. I'm sure if the companies had any real value they would not waste their time with such nonsense.


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