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To: Brad who wrote (4773)3/14/1999 1:50:00 AM
From: realmoney  Respond to of 5300
 
Got this off the Black Art thread. It is hysterical and right on the money. I think the guy who wrote it is long on WCTI.
Message 4465219



To: Brad who wrote (4773)3/14/1999 10:00:00 AM
From: John Bissell  Read Replies (1) | Respond to of 5300
 
Yes, they probably do in their round-about way have some valid points to make. Unfortunately, I never read them (realmoney's at least, sometimes I read Traders and others). Understand that it's not the fact that they are short a stock that I am long in that really ticks me off with these guys--it's their TACTICS.

I WANT to hear the other side of the story so I don't make a dumb investment decision. For example, the fact that Ken Bell's prior company had financial problems was a relevant issue. However, when it got researched and Ken was clearly shown to be an honest guy that was not involved (Dan Lunt even gave Ken a ringing endorsement), realmoney still kept claiming he was a "criminal" and that WCTI is a total sham. That is libelous, in my mind.

I have read some posts from others that express concerns and issues that reflect negatively on the company, backed up with their reasons. I LOVE those posts. I HATE the rah rah posts like "This stock is going to $100--Buy buy buy!!!" They are as insulting to the intelligent as the worst of realmoney's posts (remember he said Dan Lunt never worked at Corel). Worse yet, they encourage novice investors to invest without doing DD, and they could get hurt. I am sure lots of folks got zapped when WCTI slid from 36 to 10 in a couple of weeks...

Anyway, that's my view. It's free country and free speach is alive and well--as it should be. But thank God for the IGNORE button on Raging Bull, and thank God for the browser software I am using with Silicon Investor that lets me filter out the noise...

jb