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Technology Stocks : Terayon - S CDMA player (TERN)
TERN 22.58+8.8%3:59 PM EST

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To: Mr. Palau who wrote (121)6/10/1999 12:09:00 AM
From: Optmaster  Read Replies (5) of 1658
 
As some of you may know, I have had some success in pointing out irrational behavior (i.e. greed) in some stocks that have ridiculous moves. Readers of the posts of driv, netg, vrio, amzn, dell, and many others are aware of my posts.
I am here to tell you all that a 9 point move on a $32 stock is a disgrace (especially when caused by a newsletter). I feel very sorry for those now getting on the bandwagon trying to grab some greed-mentum. However, they will simply get what they deserve. Sorry, the market can't say a company is worth around $450 mil. one day then decide that number is closer to $600 mil the next. Anyone who has ever owned a business clearly understands that.
I just hope that those "investing" in TERN now understand what they are getting into. Hey, maybe I should start a newsletter, then pump the stocks I own to get them to go up over 30% in one day.
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