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Technology Stocks : PUMA Technology

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To: Rarebird who wrote (685)	12/12/1999 7:20:00 AM
From: oilbabe	Read Replies (1) of 851

Oh I agree with you on that point. I wouldn't short anything in this market, especially with the liquidity out there, although I will confess to shorting 2 oil service companies near their recent highs! My only point is that there are excesses everywhere, and I guess my experience is that they usually correct themselves at some point. I am sure aware that PUMA ain't no oil stock...that goodness! I don't short just for the reasons you mentioned...you never know where the market will take you, on the upside or downside. I recently sat through a painful drop of NITE, never dreaming that it would drop as it did, so I'm not necessarily a short termer as long as I believe in the company. OTOH, if NITE suddenly spike to $100, I'd be gone, and wish everyone else good luck on their way to $200...

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