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Packstater

08/15/03 9:12 AM

#6381 RE: Zeev Hed #6375

Zen,....my take. Zeev is just being Zeev, he's not bashing, shorting. He openly admits he's taking a trader's perspective, and we can all read his posts with that. I thinks that's just fine.

One thing we all have to admit is that we are speculators more than investors. Speculators have bigger dreams and take on bigger risks. Investors are more methodical. Speculators look at the world and predict change. Investors look to history and find trends/patterns/or formulas that work.

When it comes to Wave, I am a speculator. When it comes to my 401K, rental property, etc, I am an investor.

Its so easy for some to see the risks with Wave, and point out the negatives. It take lots more thought to see "the world".

-P
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zen 88

08/15/03 9:26 AM

#6383 RE: Zeev Hed #6375

Zeev- A true trader's reply.

You didn't answer one of my questions, really. As far as the scam reference, you relate your time 'doing battle' over issues with floorless convertibles, to your actions here. I suggest the two are unrelated.

How about an admission that Wave does indeed, 'have something to show for $250 mil' (not even sure that's the right figure)?

Major take away point: If you make money trading (which few do), good for you. The people that make the most money in the market buy a great stock cheap, and hold for years. So, please don't think ANYONE here needs a new person to point up inherent risks. We know them all, and have decided to hold, FOR YEARS. Our decision.