Net Perceptions, Inc. (NETP) Message Board

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Technology Stocks : Net Perceptions, Inc. (NETP)

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To: papazitto who wrote (2193)	12/15/1999 9:16:00 AM
From: Walt Corey	Read Replies (2) of 2908

Let's be clear, you aren't long, you're trading it. Yes, you may be buying in the low $30's but, as you admit to, you are also selling it in the mid $30's. I do not consider that taking a long, that's momentum trading. To reiterate what I've been saying all along. NetPee may very well have excellent long term prospects, but the longs are going to get spanked a few times first. I told you people $30 in 6 days, damn if I wasn't just about spot on. SO for all your 'feast on this'...that's BS, you are a momentum trader, not a buy and hold (long). You would do better with the options. I think it's important people know posters' objectives. We know WST's, now we know yours as well. Happy trading

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