Ariba Technologies (Nasdaq-ARBA) Message Board

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Technology Stocks : Ariba Technologies (Nasdaq-ARBA)

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To: avanti77 who wrote (1348)	10/19/2000 11:30:24 AM
From: Spytrdr	Read Replies (2) of 2110

what are you smoking, kid? did you read the report or Mad Magazine's review of it?? check the multimillion dollar LOSSES and come back. i said after i covered my initial impeccable short since $ 170 at $ 115 that the stock would be re-shortable at $ 140, and that's precisely what the stock did with amazing precision, $ 141 and came back down. however, being so close to traditionally bullish NOVEMBER, i am refraining from short positions since there are much better opportunities on the long side of things for now. hadn't we been so close to NOVEMBER, this stock would already have fallen WAY BELOW $ 100 like a knife through hot butter. you're lucky that the calendar is on your side, it will keep its trading-vehicle king status for a while longer. but at this valuation the best thing that can happen to this stock is to be DEAD MONEY for a very long time. once hot momentum money reaches that conclusion too, look out below. ___ "Year over year profits increase by 667%"

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