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Technology Stocks : Log On America, Inc. LOAX

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To: ISP_Investor who wrote (215)6/23/1999 10:14:00 AM
From: Ron Dior  Read Replies (1) of 353
 
<<Fundamentals will drive the stock over the long term-either up or down.>>

ISP I couldn't agree with you more. I do not get the feel of any long term thinking on this thread, and rightly so. I am not disagreeing with you, I am just stating the fact that one could make just as much money on this stock going long as one could going short. As far as long term thinking goes with this issue. You must remember that fundamentals can change very quickly in this sector with a new company. IMO it is to soon to base your long term opinion on this stock over fundamentals. One should not even be considering this stock long term, long or short. Keep in mind, this is my thinking on net related stocks only! Had this been a cyclical I would short it in a New York second. ISP I think that your reasoning is very sound, I just don't agree that sound reasoning is what it takes to be a trader in this sector. You could still get burned very easily holding a short position for any length of time with stocks like this one.

Ron Dior
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