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Technology Stocks : NexCen Brands, Inc.

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To: Madharry who wrote (271)12/7/2001 12:06:25 AM
From: Steve Borg   of 295
 
"Irrational exuberance" in the market in general? Likely short squeeze - over 4½ million shares short out of a float of about 25 million. It has to be scary for the shorts with this market running up the way it is. Also, Aether signed a deal today to provide wireless communication system to East West Motor Freight's fleet of trucks. Don't know what the deal is worth or how big the fleet is. AETH was at this level about 15 days ago, then returned to just above $7. Looks like a good one to have (especially if you know this stock's history in a hot market), but I don't know if it should be chased at this point. Those that already have it at under $7 are pretty happy about now I should think. If I was one of them, I'd probably have a lot more to say.
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