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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Mr. Big who wrote (65234)10/8/1999 9:15:00 AM
From: lee kramer  Read Replies (1) of 120523
 
Mr. Big: I would not presume to tell you what might happen with HIFN. But you might keep this in mind; when a stock really gets hammered, especially a high-flyer played by "players" and hedge-funds...you inevitably reach a point when the margin calls go out and some holders voluntarily or involuntarily (by not meeting margin calls) "toss in the bloody towel." Margin calls will be going out this morning, and those who don't meet the calls will be sold out, probably between 10:30-11:30. I might pick a seemingly ridiculous price and enter an order to buy 50 shares. The operative word here is "might." I hope you get a nice bounce. (Lee)
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