E Loan Inc -EELN Message Board

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Technology Stocks : E Loan Inc -EELN

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To: Sr K who wrote (798)	4/26/2000 7:33:00 AM
From: Bob Duncan	Read Replies (1) of 817

I disagree. You are right, RATIONALLY it appears to be a good short, however, when did rational analysis ever make one money consistently in inet stocks? My take is a lot of people like you think it is an "obvious" short at this price, that is why I went long yesterday at 8. I'll sell it all at 12 though - actually I already sold half of the postion after hours at 10 yesterday to hedge a bit. Dont get me wrong, I agree with you about the business model issues etc, and that long term this stock will die, but until then, there is money to be made both ways. Good luck to you! bob

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