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Technology Stocks : MicroStrategy Inc. (MSTR)
MSTR 241.96+2.1%3:59 PM EST

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To: cardcounter who wrote (597)6/10/2000 7:32:00 PM
From: Carl Smith  Read Replies (2) of 717
 
CardCounter,

Refering to MSTR as a strong short could cause you some grief. You are assuming that the price reflects a rumored $100m in financing. This may not be the case at all.

While MSTR will be a good short candidate soon I do not believe that now is the right time. The stock in up 200% in five trading days. It closed within $0.50 of its high on Friday on extremely strong volume.

The SEC investigation is nearly completion. They are now reviewing PWH's involvement. Their findings could be released any time. I for one would not want to be short this stock if MSTR's management is not guilty of any fraudulent actions.

This is too risky for me. There are others shares out there that pose a more profitable venture.

Carl
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