| BTW B2B: Very predictable, the the bloodshed--though it looks worse than it really is, I think. Something a lot like this also took place last year, by the way. I remember ITWO dropping like a rock (from a split-adjusted 23 to the low mid-teens) on the same kind of downgrade that just hit CMRC. Even after the slaughter the last couple days, ITWO's still up around 1000% since then. Now, if you're busy being bear, you can see that as reason for ITWO to come back another 900%, at least. Or you can see it as a company with explosive earnings and revenue growth (like ARBA), well-placed to exploit one of the primary facts of modern business life (Old Economy companies adopting New Economy tech). Really, when you're done buying precious metals with the credits on the YHOO calls you just finished writing (if you Bears REALLY believed what you've been saying, you'd probably mortgage your house for out-of-the-money YHOO puts), you might consider hedging your bets with a bit o' B2B, B2C, and enterprise software--if not today, then soon. |
