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 : Webhire (HIRE) - Enters the Softbank Web

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Gutterball who wrote (22)7/27/1999 5:40:00 PM
From: Jose Matos  Read Replies (1) of 41
 
Cute picture. Lets see what they do for an encore. This company has a whopping 165 company client list, has managed to have declining revenues, staggering losses, and is in an e-business that can be duplicated and obliterated by dozens of larger, more competent companies.

So because Softbank decided to throw some gambling money (i.e. pocket change) their way, HIRE more than doubles in a week? Sounds like a winner here.

Obviously I'm short the stock (as of today). Hopefully when the hype subsides, so will the stock price.

If I'm wrong, it won't be the first short I've lost money on, but I really doubt the prospects of this company can live up to the hype. Read the just announced loss report and maybe you'll come to the same conclusion.

Regards.
Jose.

The above opinions are my own and not intended to sway anyone. Do your own DD.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext