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Technology Stocks : SDL, Inc. [Nasdaq: SDLI]
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To: Kayaker who wrote (1183)4/19/2000 5:16:00 PM
From: sam  Read Replies (1) of 3951
 
Kayaker: You and I both bought PMCS after hours last Thursday. And -- you are absolutely right -- the CNBC blunder led many to foolishly dump or, even worse, to short a gorilla. But despite that being "cleared up" by the next morning, PMCS still traded down dramatically from Thursday's close. My only point is that shortsellers will pray on market weakness to con some poor saps of their shares. But that market weakness -- if it does appear -- will likely be very short lived. And when it reverses, SDLI will move up. IMHO, even if the market is weak, the downside is much more limited than the upside...unless management throws us a curveball during the conference call.
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