Copytele - Another XEROX in future Message Board

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Technology Stocks : Copytele - Another XEROX in future

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To: Wallace Rivers who wrote (946)	10/22/1997 2:56:00 PM
From: Ken G	Read Replies (1) of 1320

Wallace, "to the best of my understanding" is the whole premise by which I conclude that going short in this stock, in this environment carries with it the most risk and least reward for me. That is all that we each (long and short alike) seem to have. What we understand and what we believe. It seems that most people believe that this Company has nothing. Given that basis, the only surprise move (and hence the greatest reward potential) is to the upside. With all the negative that has been said about this Company, it still seems to hang in there. Is short really the way to bet? The only suprise move, with the largest potential move by far from the 5 area, is to the upside. What possible negative news can you think of, that hasn't been said or done yet, would knock this stock down a couple of points. I have to believe that any one of many possible good new items have the potential to bring the stock up a couple of points or more. With that kind of risk/reward ratio, it just makes sense to keep the ratios on my side, instead of betting against the house. If you still think the reward that comes with a short in this stock justifies that kind of risk, then bet it. Good Investing, Ken

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