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Technology Stocks : Data Dimensions
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To: taxikid who wrote (1612)6/2/1997 6:06:00 AM
From: Bill Wexler   of 4571
 
Why are you getting aggravated?

Getting emotional about this stock is useless. In fact, it is emotion and hype that is driving it up. Eventually, the facts will drive it back down. With story stocks of this kind the collapse is usually fast and furious, and it will be nearly impossible to short once the first downdraft starts.

I mentioned in a previous post that insiders have already filed to sell 3% of the entire float - they aren't stupid and they know damn well they're never going to see these price levels again. That stock is going to hit the market very soon. Simply continue averaging up if you're short. If you're nervous about a margin call then hedge with call options.
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