George Gilder - Forbes ASAP Message Board

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Technology Stocks : George Gilder - Forbes ASAP

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To: George Gilder who wrote (1752)	7/27/1999 6:20:00 PM
From: ekn	Read Replies (1) of 5853

George----> "Panic purchases by such mis-informed shorts (who cannot tell Wave from a credit card company) will provide vital booster rockets for the stock's ascent". Since you went out on a limb and gave us your EXPERT opinion, WAVX has CONTINUED to tank. It should have read: "Panicked longs selling their shares from fear of total company collapse." i assert that a short does not have to have performed a high level of dd on Wave to formulate an opinion to short shares. it does not matter if their dd comes up mis-informed. They have successfully broken the stock down from 27--10 in a short period of time. Clauguses Barron's article was never countered by Wave. I think that someone could've used their influence to counter the piece.

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