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Technology Stocks : CDDD

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To: Sir Auric Goldfinger who wrote (375)12/20/1999 10:42:00 AM
From: afrayem onigwecher  Read Replies (1) of 924
 
Shorts in Commerce One are betting that this is not the next Amazon.com, which has creamed them. Sometimes there isn't a heck of a lot of difference between a high-flying Amazon.com and a not-so-high-flying TheStreet.com, except in the vagaries of investor sentiment. To be safe, shorts prefer stocks that have a negative book value and stubbornly negative earnings. Among the ``no earnings but healthy valuation' stocks are a host of tempting targets.
Another short in that mold is C3D Inc., which is developing digital-storage technology products. Shorts view C3D's $600 million market cap as overblown, even after a recent sharp decline.

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