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Strategies & Market Trends : Three Amigos Stock Thread

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To: scouser who wrote (16667)9/23/1999 6:59:00 AM
From: pipick  Read Replies (1) of 29382
 
You seriously want to short a stock that will probably announce in the next few weeks that it has licensed the whole TV industry to license its' v-chip technology? At $1.50 per TV and 28M TV's sold in the USA, we are looking at over $2/share in earnings. You may have a very short term play if you choose to short, but you must be very careful. Did CMGI ever earn over $1/share? Be careful. Upside is MUCH greater than downside on this one.
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