Shorting stocks: High fliers Message Board

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Strategies & Market Trends : Shorting stocks: High fliers

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To: RockyBalboa who wrote (698)	8/19/1999 6:02:00 PM
From: Mad2	of 709

I ended up going long on NEON at the mid 13's. It on its "double bottom" bounce as we speak, however I'm a bit concerned about the market outlook at this point, not only rates (next Tues Fed meeting) but the weakness in the dollar which adds to the inflation pressure. I don't see any way to avoid a rate hike at this point. Never acted on BVSN, which is now selling off. On NEON, the upcommiing ipo of Vitria and the other EAI company might lift NEON in sympthy, also I think DELL's performance and comments about sales the rest of the year is taking some pressure off. CrossWorlds is doubtfull if it will go as they are having execution problems. Mad2

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