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Technology Stocks : Full Disclosure Trading
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To: Jacob Snyder who wrote (5240)4/23/2003 1:58:39 PM
From: Cary Salsberg  Read Replies (1) of 13403
 
OT

RE: "it's a fairly safe short, as there is little chance of unexpected good news coming out that makes the stock abruptly soar."

What is "abruptly soar?" Is it a move to $20? How much "good news" will be necessary to cause a move to $20? How do you establish "fair value" when the company has been a relative resounding success in a terrible environmnet and nobody has a clue when the environment will indicate future significant improvement? Notice the use of "indicate".
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