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Technology Stocks : Data Dimensions

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To: Pete Mason who wrote (697)4/18/1997 11:06:00 AM
From: Sondo   of 4571
 
I agree with the previous two posts. I might hazhard to guess that the shorts who typically win are the ones who've done it for the "right" reason (e.g. ZITL is a scam, or DDIM is overvalued at present, at $26)...rather than the ones who go short for "wrong" reasons (e.g. DDIM is a scam, Y2K is a hoax, Ardes doesn't work, the company is hyping its stock, they'll get no government work, etc.).

At some point the "right" shorts and the "wrong" ones may be in sync, as the stock slips from 26 to 20. Then you have a happy healthy board here, but the "wrong" ones let it get to their heads and start posting stupid things. It creates the short-o-mania that TA warns about. You guys seem blind to some impressive facts about DDI, that MAY someday warrant a higher valuation.

At some point, the "right" shorts realize that they've made enough money, that DDI's valuation may be changing and they cover. The "wrong" ones fail to observe a changing scene and get slaughtered.
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