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Strategies & Market Trends : Sharck Soup

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To: Softechie who wrote (10609)3/3/2001 4:07:34 PM
From: GREENLAW4-7  Read Replies (1) of 37746
 
SOFT, back in 96 the search engines sank to single digits that is LCOS, SEEK, XCIT while YHOO stayed around 16-18. Back then LCOS hit $6.00 and I believe most said the concept of SEARCH ENGINES were obsolete.

I need not tell you how much I invested in LCOS when it hit $6.

I asked you kindly to support your post with facts and you give me a list of sellers. But what I wanted was how many shares of MANAGMENT have been sold. Huber sold back when the stock was above 20 I believe. I will again tell you the insider selling of shares has DRIED UP!!

For the size of the float 150 mil, what you show is a non-event. I think you should try to comprehend that CORVIS trades on its 3rd generation network technonlogy. If you shorted it at 100-40 I congratulate you!! If you shorted from 23-9 I think you have bigger balls then me.

CORVIS is a compelling story that the street has no caught wind of. But I assure you one thing I can find no better place for growth going forward in IT then CORVIS under 15.

P.S. I remember owning JNPR after its IPO, when the street got wind it only had 1-2 contracts and huge losses many, many shorts began to pile in. I think a perusal of JNPR's chart from its IPO could very well show what I believe will happen over the next 2-4 weeks in many stocks. Just be very careful shorting down here you could really get caught HARD!
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