To: Little Engine who wrote (37196 ) 1/27/1999 8:55:00 AM From: Lazarus Long Respond to of 50264
Little Engine... I had come to respect you for our last exchange of ideas on this board. Therefore, I was rather dismayed to see the following comments in your recent posts...Buy now. Your last chance to get DGIV over $1.25 <eom> What happened to all the chartists here? What do you call a stock that can never hold onto its gains? We all know that charts can be manipulated to show how good or how bad an investment a company is. If we look at the change from $8 to the current $1.25, it looks really horrible. If we show the rise from .60 to the current $1.25 in just 2 months, it looks like a wonderful company. If we show the rise from pennies to the current level in ~11 months, it looks fantastic. If you look at the action from $2.50 to $1.25 in the last month or so, we look horrible again. So which of these charts is the right one?Eventually DGIV will go up 1/16 in a day and we'll be wading through dozens of posts from bullmarket talking about the stock's "obvious" strength. Fair enough. To be truthful, I sometimes find his optimism and penchant for saying the same thing multiple times somewhat tiring. However, I respect bullmarket for his knowledge and his obvious enthusiasm for this company.Mr. D... there's still plenty of MTEI available. I don't think you bought it all. That was a cheap shot... clear and simple. Furthermore, it was a cheap shot at all of us, not just Mr. D. When you invest in these types of stocks, you must be prepared to see the downside of the risk/reward ratio on occasion. To throw it back in our faces is, well... mean spirited.Can't you handle the truth? Who's truth are we talking about? The truth is that much of the truth is obscured from us and we deduce much, much more. Your deductions have as much validity as ours... as long as the are well thought out and hold together in the face of known truths. But, please don't disguise deductions as truth.The only ones truly slammed here are those who tell the truth, that this stock is all hype and will never put out any real profits. I apologize in advance for taking this out of its paragraph, but I will try to preserve its context. Once again, you have no facts, no truths that prove this stock is all hype and destined for no profits. That is your deduction. Similarly, we that are long have deduced that this is a legitimate company. As for those that tell the truth are the only ones that are slammed... well, I beg to differ. There is plenty of slamming and innuendo being thrown around on both sides, thank you. Besides, I don't really feel that I have been slammed... does that mean that I don't tell the truth? I hope that is not the perception because I try very hard to be objective in my evaluation of the company and its actions. Lazarus, with an early morning "constitutional"