SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Cascade Communications (CSCC)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Dwight E. Karlsen who wrote (1894)1/26/1997 9:10:00 PM
From: Timothy Tashjian   of 3743
 
Dwight, I also was thinking of shorting ASND,that would not have worked. HLIT did crash about 4 months ago from 24 to 15. But that was just shear panic. TCI news had no bearing on a company that is just coming into its own,probably one of the best run companies I have ever seen. Well your right if your playing with momentum stocks with high p.e.'s your going to get killed sooner or later,its just when. I still see a lot of high p.e. potential crashes out there. I am planning on doing research on them soon,but never short something everyone else is shorting like ASND,or even SBUX. The shorts tend to hold them up in the rarefied air. I think the best thing to do right now is wait for a crash in a stock that doesn't deserve it,on news that doesn't really affect it like HLIT,ORTL both crashed and have come roaring back. I am going to do research like that too. I remember when MBIA crashed because of problems with SOuthern California that didn't affect it,it went down to 42,I bought some and sold out at 68 and now it is in the high 90's. Well either short stocks all the analysts are bullish on or go long stocks that crash that all the analysts are negative on. IBM was 40 when 25 of 27 analysts had sells the same day those analysts had buys on Telmex. We know what happened. Good luck guys Tim
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News