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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)
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To: Shammymoo who wrote (11260)2/13/1998 4:46:00 PM
From: Mike Winn  Read Replies (2) of 31646
 
>>>DELL $170 good luck... :-) I shorted it at $100 for $23 points

You must be one of those novice investors who buy stock based on price. Do you know what a market cap means? How about PE? So a penny stock is underpriced while a share of Berkshire Hathaway (BRKA) by Warren Buffet is overpriced at $53,900. Oh, I see. BRKA has gone up 52% last year for your knowledge. Do you know how many shares did that scam stock IDID have last year? About 300 million shares. Even at a dollar per share, that stock is worth 300 million dollars for a company that produces absolutely nothing. I bet Bre-X is also cheap for you.

This is why companies continue to split their stock to attract novice investors like you.

For your homework this weekend, go over the newspaper and pick any stock above 100 to short because they are too expensive.

TPRO market cap is 140 million for a company that sells some CDs. Would you buy it at 1/10 of that price? PE is infinity.
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