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Technology Stocks : Read-Rite
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To: Stitch who wrote (3134)5/10/1998 9:04:00 PM
From: NasdaqStud  Read Replies (1) of 5058
 
Oh Yeah -

And Netscape was a short at 16. And IBM at 40. And Citrix Systems when it crashed at 8. And Anadagics at 11. And Electronics For Imaging at 12. And Powerwave at 10.

The bottom line is that all of these stocks are up at least 50% from their panic lows and many have more than doubled, tripled, etc. The RISK/REWARD ratio just doesn't favor the short side at present.

Investors don't use this indicator enough in making purchase or sale decisions. It is the only way to go. The STUD!!
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