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Technology Stocks : Data Dimensions
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To: Jumper who wrote (3267)10/8/1997 5:18:00 PM
From: Pete Mason   of 4571
 
Hi Jumper,

You may have a point that when the stock eventually crumbles it will be difficult to find shares to short. But maybe that's what options are for, eh?

I don't really argue with your premise that DDIM will have difficulties on the road ahead. You see, and I see, and all the fundimentalists see, that DDIM stock is far ahead of the realities of the company.

Therefore, we have to conclude it's a momentum stock.

And if you've concluded it's a momentum stock, why on earth would you choose to go against the momentum?? You should either stay away until it becomes rational, or go with the flow and make some bucks with the momentum players. Trying to predict when exactly the momentum will break seems like a losing battle (it was for me, anyway).

-- Pete
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