To: Jess Beltz who wrote (7681 ) 2/22/1999 4:44:00 PM From: Curlton Latts Read Replies (1) | Respond to of 10921
Jess Beltz: You are rewriting history and doing a bad job of it. You signed onto SI on Aug. 27, right before the incredible hatchet shorting job in CYMI. Your first post to the CYMI thread on Sept.9, 13 days later, crowed that you bot 3000 (pre-split) shares at an average $72. That was your 6,000 shares post split (your total investment in CYMI). I had never, ever posted to the CYMI before that date - not once. My first post to the thread was the next day on Sept. 10 , a rather innocuous post commenting on what appeared to be rumors creating an investment opportunity, so we can both agree, therefore, that I had NOTHING to do with your announced purchase of 6,000 shares the day before just as the stock began plunging! Here's your post: Message 2148034 If you're saying that I caused you to hold on when you shouldn't have --- that doesn't make sense either in light of your subsequent posts. All of those posts contained detailed well-crafted arguments about how the stock was going to go down before it was going to go up. Here are a couple examples:Message 2253306 Message 2252655 Do these posts sound like a naive investor being tricked into staying in a declining stock? I don't think so. In point of fact, I always wondered whether you weren't really short. Still do. I was an extraordinary bull at the time and I still am. Everyone, including management, Maire at DLJ and industry research firms were also bulls as well. Monkey Sec and Morgan Witter held an initial conference call with the company and also claimed all was well. There were newspaper articles about how the factory firebombing, glass shortage, competitor scare and product vibration quality were nothing more than wrong rumors by shorts. Akins and Nikon came out and said that the fundamentals and product demand remained strong and there was nothing to cause investors to think otherwise. I had good company in my optimism. You on the other hand seemed more knowledgeable than all and certainly no novice. Would any novice investor buy all at one time $216,000.00 worth of one declining stock? Yes this stock went down a lot more than I thought it ever could last October, but so did every other tech stock in the universe as well. CYMI has led the market up ever since. You can call me an idiot if you want to but I got in after the worst of the decline already had hit and scaled in further as it declined. I'm making money. Never once did I change my tune about CYMI and don't intend to until it gets fairly valued. Good Luck To Each And All Curly ~~~~~~~^^ [6.6] .....> [_]