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Technology Stocks : DoubleClick Inc (DCLK)

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To: PartyTime who wrote (312)7/2/1998 2:11:00 AM
From: Jon Tara  Read Replies (1) of 2902
 
" You know what's going to happen just as well as I do. "

Neither one of us knows what is going to happen. At least I will admit that.

But I do think that what is likely to happen to DCLK shorts is what happened to your OTHER nemisis (OC) who was foolish enough to brag about shorting Yahoo.

Margin call. (By his admission.)

Sure, at some point these things will all come crashing-down. But, at what point?

I may just go for it this time, because I have a sure-fire system for picking tops of go-go stocks like this. Best thing is, everyone can play! I picked the exact day of the top of Netscape and Iomega using this system. (I didn't short em' but I did call em'. If they keep posts around long enough, you can dig-out my call of the top of Iomega on Motley Fool.)

There will be a day - maybe soon, maybe not so soon - when you will be approached in the office, in an elevator, by your grandmother, etc. - by people who have never invested before - asking you if you think you should buy YHOO. (Or DCLK, or...) It will be a stock that has had an incredible runup, and has done it day after day after day. Oh, they will also be asking your recommendation as to what broker to use and how to open an account.

THAT is the day to short. :)

Any time before that day is foolhardy.

This one has just started to go.
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