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Strategies & Market Trends : The Amateur Traders Corner

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To: cblranch who wrote (9793)5/24/2001 10:19:28 AM
From: Tom Hua  Read Replies (2) of 19633
 
Brad, started a short on MSCC at 55, mostly on technical basis. I think stock has had its run, overextended, and it's beginning to break down. Interesting that 2 days ago LA Times did an article singing a fine tune for the company, but the company immediately filed an 8K saying the 15% sales growth mentioned in the article is not likely to be sustainable. Hmm, I wonder what's in store?

Regards,

Tom
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