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Technology Stocks : WAVX Anyone?
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To: Smilodon who wrote (8618)8/5/1999 2:50:00 PM
From: John Finley  Read Replies (1) of 11417
 
Thanks for the reply. What do you look at to find good short candidates - message board traffic <g>?

Re: >>I am very bearish, especially for the 2nd and 3rd tier internet stocks.<< You must be doing real well about now. Congratulations.

I am cautious myself, being mostly in cash now. Since I've done poorly at shorting I only play the long side or stay in money markets.

As far as WAVX goes it's a high risk but high potential type thing. I like the background of the head honchos so IMO there is more meat than some of these pie-in-the-sky's. Like you it's a small % of my portfolio. When you cover you may want to plow some of your profits into the long side. I sincerely doubt it'll go to zero.

JF
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