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Pastimes : Home on the range where the buffalo roam

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To: Boplicity who wrote (7019)11/29/2000 7:51:06 PM
From: mishedlo  Read Replies (1) of 13572
 
Not bad day if you are looking to buy. I want SEBL at 50.

Greg, why do you want to buy anything when they are all going to ZERO.

Actually I am serious. I do not think we are close to the bottom yet, although we may get a DCB sometime soon. The operative word is may. When will it come? Who the hell knows, so why play the long side at all?

Look at BRCD, beats the street by 2 cents and goes down, why - because its PE of 510 is simply absurd. This one has another 100 points to fall easily. But since BRCD is growing so "well" it is only fair for EMC and NTAP to sink.
Good news or bad news the whole dam sector will sell off.

NTAP looming in on 40 as predicted.
I have lowered my buy target to 20, as the next good buy before it rises 50% to 30, then sinks 100% to ZERO.

Greg, do you have a sheet of earnings calls due out. I want to buy puts on every damn company I can find that has yet to report earnings.

Thanks
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