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Technology Stocks : How high will Microsoft fly?
MSFT 474.82-0.8%3:59 PM EST

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To: mxyztplk who wrote (3267)9/22/1997 2:18:00 PM
From: Don Earl   of 74651
 
Hi Arno,

They are warned most carefully when they sign up for a brokerage account. This is a business, and it's a business where the only two choices are between preditor and prey.

On the one hand you have those that would have the prey prop up their long position on a company that has a PE over 50, book/price over 19 and price/sales over 15 while money managers and insiders take a profit. On the other hand you have the shorts waiting in the bushes, down by the watering hole for the weakest of the longs. To make things real interesting you also have the longs that loaned out their stock as bait hoping to catch a nice tasty short for dinner.

It does make life interesting. Yes?

Regards,

Don
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