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Pastimes : FLAME THREAD - Post all obnoxious/derogatory comments here

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To: Alan Smithee who wrote (45)6/19/1997 1:43:00 AM
From: Dwight E. Karlsen   of 12754
 
D.S.G. - #1 rule on shorting stocks, from Mr. O'Neil, founder of IBD: NEVER short a stock just because you think it's too high.

Here's what I know: Dell, KO and MSFT are probably the three strongest stocks on Wall Street. This is for good reason. They all have absolutely phenomenal management that know how to execute a good business plan. I'm speaking more of Dell and MSFT here, but not much needs to be said of KO. Coca-Cola is practically worshipped the world over as a "cool" drink, so why would you want to buck that?

And did you pay attention yesterday when Michael Dell said that orders for computers from the company's web site doubled recently from $1 Million per day to $2 Million in orders per day?

Well, don't say I didn't warn you. Dell is NOT going to $65. If it does, I will take a second mortgage on my house to LOAD UP, because it will be the biggest no-brainer of the year. I already made some money on Dell this year, but I was in another good stock (QNTM) when Dell moved up from 62 to 115 in these last couple of months.

I think you are kidding me about your short picks, so I'm not going to spend any more time trying to "educate you".

DK
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