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Technology Stocks : YURI ( YURI SYSTEM )

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To: h.l. meeks who wrote (158)11/12/1997 2:37:00 AM
From: Dale Baker  Read Replies (1) of 1181
 
For comparison, look at INSS in August when Alex Brown stepped in to stop its slide. The upgrade caused a gap up as institutions bought in. But AB could only hold it up so long without big news from the company. The institutions soon started selling and INSS resumed its slide based on its overblown PE.

AB will unload its inventory at higher prices, some shorts will be squeezed, new shareholders will buy in at the top, and eventually YURI will be another good short play unless it can show more cash on the bottom line.

Just my opinion but the parallel to INSS is all too familiar.
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