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Technology Stocks : Transmeta (TMTA)-The Monster That Could Slay Intel

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To: deibutfeif who wrote (333)11/17/2000 3:16:39 AM
From: Artslaw  Read Replies (3) of 421
 
My target is $30. I'm not greedy (nor experienced) when it comes to shorting, no matter how obvious the short is. Stocks like Amazon and Yahoo have always amazed me as obviously flawed, and yet until very recently they would have been pretty poor shorts if you had waited for their "fair value" to play out. Had I shorted them moons ago, I would have had a heart attack by now. On the other hand, I don't have a limit order, so if TMTA were to fall fast enough, I might do better than $30.

If I could hold out for the earnings, I'm sure there would be a reward, but sometimes hype overcomes all.

Regards,

Steve
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