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Technology Stocks : WebTrends Corporation [WEBT]
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To: AJ Berger who wrote (503)8/12/1999 12:38:00 PM
From: Glenn Petersen  Read Replies (1) of 614
 
"besides that, you can debate that most internet stocks should be shorted because of high or non-existant P/E's and you would be wrong again, as that argument has bankrupted so many shorts till now."

Which is why I have shorted very few of the Internet stocks, and then only when the irrational exuberance of a major move has given way to a reversal. MCOM, which you shorted, being a good example. I may be rational, but I try not to be stupid...well, too stupid.

BTW, those 3 little pigs walked away with $45.0 MM. My guess is that they are preoccupied with castle building.
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