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Strategies & Market Trends : The Amateur Traders Corner

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To: Jon Khymn who wrote (518)8/26/2000 10:18:36 PM
From: Tom Hua  Read Replies (1) of 19633
 
Web, MERX splits effective Monday. I'm going to short it, and hold my short until it tumbles. MERX is in the same business as MWAV but very richly priced. MWAV buys materials from them but not a happy customer. MERX is riding high now but their business practice will eventually come back to haunt them. Arrogant, out of touch with competition, more engineers on the payroll than necessary, customers are not happy with them.

Regards,

Tom
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