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Strategies & Market Trends : Shorting stocks: High fliers

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To: RockyBalboa who wrote (670)7/7/1999 9:26:00 PM
From: Mad2  Read Replies (1) of 709
 
Stream, did you see NEON today? They're a competitor of BEAS. Apparantly NEON put out a earnings warning indicated that their sales cyle is lengthening. Stock droped 58% Ouch Can't really picture the software guys closing and delivering much in the way of new clients for and big software products in the next 6 months, unless they want to discount product and get custoomers signed up.
Best Regards,
Mad2
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