Phone.com [PHCM] Message Board

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Technology Stocks : Phone.com [PHCM]

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To: Ellen who wrote (698)	11/5/1999 1:08:00 PM
From: Jenna	Read Replies (1) of 1080

Ellen congratulations on your thrill of victory PHCM.. I always loved the stock and would have been in it were it not for the price which is just too high at this point. I've 'scrapped 10 points here and here and even shorted once for all of 24 hours'. To all the PHCM shorts, sorry about the agony of defeat. Its about time traders realized that shorts are not 'more savvy' than long, they are just more egotistical and louder. PHCM shorts have not been right for more than 10 points in the past 6 weeks and been consistently stalwart in their losing positions. Did they cover? How do they explain the rise of 67 points? This was no disaster 'for both' but a victory for the longs and a disaster for the shorts. Reminds me of Chicken Little proclaiming the sky will fall. Dismissing the longs as just so many 'ill informed' amateurs. I have no position in PHCM so I can't enjoy this monetary victory but I hope it will be a lesson to PHCM supporters that you won. Whether PHCM goes down is moot as even the longs recognize a need for some release of pressure, but not at 215 but at 268.

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