What is up with USRX? Its exploding! News? Message Board

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Technology Stocks : What is up with USRX? Its exploding! News?

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To: Mary Ann Shubaily who wrote (57)	7/19/1996 10:04:00 PM
From: Michael Burry	of 82

Geez, don't be surprised someone is short the stock. Especially, don't use the reason that it is beaten down so much that it can't go down. Use technical analysis -- look at the 100 week chart. The trend is down. This stock is making an unbelievable downtrend channel, with it's lower highs and lower lows as it oscillates lower. The stock could easily fall more. Just because a PE of 37 or 40 looks cheap doesn't mean the stock can't have a PE of 30. Long term, USRX is a winner. Those putting too much stock into their modem business are missing the point. USRX will adjust-- they are a leader. Just like MSFT, ORCL. It makes sense to hold the stock if you're truly long, and it can make sense to short the stock if you are short. There is no wrong way to invest in this stock. It's volatility is allowing all comers to have it their way.

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