MicroStrategy Inc. (MSTR) Message Board

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Technology Stocks : MicroStrategy Inc. (MSTR)

MSTR 255.01

+3.3%

3:59 PM EST

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To: Danny who wrote (574)	6/7/2000 5:43:00 PM
From: Logain Ablar	Read Replies (2) of 717

Danny: Risk / reward. The company has no earnings, the odds of the SEC coming down on them is pretty high so yes its still a good short although I'd wait till the momentum players drop out. The shorts covered today but they'll reenter. You could have made the same comment after this post when it was in the 80's and it went back to the $110 to $120 range. Message 13260961 Visit the sec site. www.sec.gov & you'll be able to read the SEC December directive which was just a composite of prior APB and FAS pronouncements. My position is managment was well aware of the revenue recognition guidelines and they were not only accelerating revenue but entering into transactions in which a portion of what was recorded as revenue should not have been. Tim But yes since my last post one could have made a 75% return (I forget if the stock was @ 22 or 28). We all make our own decisions here.

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