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Technology Stocks : Bitwise(BTWS)
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To: Bruce Cullen who wrote (102)12/17/1999 1:39:00 PM
From: Bob Duncan   of 166
 
Bruce, not everyone here is selling short, some are just pointing out this stock is hyped. Besides, believe it or not, one can be long a stock that has horrible fundamentals because one thinks the big mo is with it. That is the only reason to be long this one, if you think the mo will carry it higher by all means stay long.

Dont see downside below 10 though until most of the short terms shorts leave, they are holding up the price. In fact, you should be happy shorts exist, they buy to cover on any big drop to lock in profits and give many exit points for a long.

bob
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