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Technology Stocks : Hummingbird Comm. (HUMC)
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To: Martin Goldenberg who wrote (1323)2/5/1998 11:31:00 PM
From: Bill Arndt  Read Replies (2) of 2018
 
Martin, I firmly believe that this is an incredible buying opportunity for any small investor who has about a two year time horizon and wants to start or add to an existing postion in Hum. Not only is there a continuing strong market for Hum's products, but Hum has consistently proven to have the highest quality products for this makret. My opinion of the shorts is that they are like investors who go long on a stock because the company has a new, sexy concept in a growing high tech market, and the investors bid up the price before the product has proven itself in the market. This same mentality only in reverse is causing nvestors to short Hum -- they are betting that a new, sexy concept(probably WIN-WIN) is going to sink Hum eventually. I believe they are going to be disappointed.
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