Roger:
When Hank first came on the thread he had several shorts from your first post of 1997 (ctxs,rmdy,vias, and zitl)
That was a killer forecast, as by April they were all down from
38% to 70%. However the Dow was down 38%, which was not so obvious.
If you took the same companies, from April on,they were shortly all UP by 50% to 350%. But again today, all but ctxs are still down by 46,53,or 56 %, and 3/4 is not bad.
The point of saying this is because timing a short is far more critical than buying long. And if you catch the right time like Jan or Oct of 1997, there can be good money, but at this moment the market
seems headed up.
IMO the only way Dell is going down is for the whole Nasdaq to bite the dust. The bad news is out on CPQ, 7000+Radio Shacks will get their CPQ's in soon, and the Best Buys will get their kiosks.
And although CPQ earnings may be nil, they have some good excuses,
and sales should look very good.
Try to be nimble and don't get caught in the Jaws from $%#@(Dell)
Regards
Sig
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