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lentinman

05/08/05 2:22 AM

#2730 RE: Gunluvver2 #2728

Gun:

My reply to you had nothing to do with whether I was up or down or how much money I may have lost. I'll tell you what I HAVEN'T lost - that is one second of sleep. I don't have a big enough percentage in ANY stock to EVER lose sleep over any particular stock - all the more so now that I'm 80% cash.

You are 100% right that my strategy is to sell half on a double. I ALWAYS do it except for one stock - CPTC. I did sell half on a double in my daughter's account, but not in mine. I chose to violate my own rule just this once - for CPTC. I knew it could go to zero and I new it could go to a hundred. I rolled the dice.

But, like I say, I'm not personally upset about it. I'm just responding to any notion that management doesn't deserve scorn and disrespect. They have ZERO credibility at this point IMO. If it were as simple as having been caught off guard about a lawsuit, maybe that would be one thing. But, their loss of credibility is directly related to their consistent assurances that deals were around the corner.

I see no reason on earth to trust any assurances that they state now. I'm holding the stock because I decided all along that it was all or nothing. That hasn't changed. But, you know people are grasping at straws when they are quoting secretaries as sources for good news the day after a BK is filed.

If I can make it, the BBQ is on as far as I'm concerned!

Len

Phil(Hot Rod Chevy)

05/08/05 2:25 AM

#2731 RE: Gunluvver2 #2728

That was probably one of the most idiotic posts I have ever read.

Thanks for sharing.

Have fun,
Phil