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Technology Stocks : Data Race (NASDAQ: RACE) NEWS! 2 voice/data/fax: ONE LINE!
RACE 379.88-0.8%11:05 AM EST

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To: Marshall who wrote (25711)11/18/1997 7:15:00 PM
From: Jeffery E. Forrest  Read Replies (3) of 33268
 
ME? Short a 5 dollar stock? No Way.
I'm a firm believer in capital preservation and do not take crazy chances.<G>

I said this was a $5 stock. Why would I go short a stock that I think has finally started to reflect it's true value?

In fact, I am seriously considering going long purely on a technical basis.
Looks like it might yield a quick 15-20%.

I figure it might be worth the risk using my spec money and if I got lucky and RACE did come up with something while I was holding that would be gravy.
Not a bad risk/reward scenario.
Depends on the outcome of the "test" I talked about with bp.

What's the normal spread on this thing anyway? Is it always this small (16th)?
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