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Technology Stocks : BORL... time to short?!

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To: who wrote ()6/14/1996 7:28:00 AM
From: Michael Coley   of 56
 
>>> The question is -- do I want to solidify that bet by shorting...

I think there's VERY solid support at 10, and Thursday's price increased steadily during the day. It looks like we're heading back up.

Borland's technology is good, and they have a very loyal following in the programming community. Historically, they have always had quick rebounds in their stock price from bad news.

I'm long on Borland (after the drop), and plan on increasing my position almost three-fold today, putting it in the number one slot on my portfolio.

This is just one person's opinion, but I'm betting the other way.
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