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Technology Stocks : MicroStrategy Inc. (MSTR)
MSTR 158.66+0.5%Dec 24 12:59 PM EST

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To: Logain Ablar who wrote (572)6/9/2000 3:47:00 PM
From: Toby Zidle  Read Replies (3) of 717
 
"Also remember new lows usually mean further lows down the road."

And the converse is true also. New highs usually mean further new highs.

On Friday before Memorial Day, MSTR closed at $17 15/16. Nine trading sessions later, we have topped $60, a gain of 240%. Who else has gained 240% in these 9 days?

"Without knowing anything about the company I would place the bottom in low single digits if the SEC finds willful violations"

Well, either you do know something about the company if you make a statement like this .. or if, truly, you know nothing about the company, you have no business making this kind of panic statement. Only a short would be panicked this way, and if you short knowing nothing about the company, you deserve what you get.

"it will be many years b/4 this mess is cleaned up."

In this market, nine days can restore a lot of investor confidence.
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