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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Zeev Hed who wrote (203746)	11/10/2002 1:06:47 AM
From: Israel	Read Replies (3) of 436258

Why you and Ork are shorting a momo stock like EXPE instead of going after an easy agida-less IBM Zeev, Im also short EXPE.. And If i recall, both you and LarryD were questioning the reasons behind me shorting EMLX in the high $30's mid $40's earlier this year when it was the momo stock of the day.. (beleive you guys also thought I was nuts for shorting KLAC in the 50's 60's around the same time).. And in the end I do believe I won that argument.. Having covered both EMLX and KLAC for nice profits.. Its simple as to the reason we're short this stock.. Its an overvalued piece of garbage.. Yes, it might have its day when its up $3-$4 points.. Or make its momo runs (as it has recently from $37 to $75+).. But in the end, we all know.. Even the 'momo crowd' will this turd will end up when the music is over.. Unfortunately, since it is a 'momo stock' when the music stops is anyones guess.. So all a 'position short seller' (not a day trader flipping 200 shares 30 times a day to make $500).. Is build his short as the insanity continues.. If one is patient enough, and well capitalized enough.. EXPE will be a sweet short to hold for 4-6 months.. Israel

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