WavePhore (WAVO)- VBI fed WaveTop for WebTV Message Board

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Technology Stocks : WavePhore (WAVO)- VBI fed WaveTop for WebTV

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To: Instock who wrote (1690)	7/14/1998 9:29:00 AM
From: ayn rand	Read Replies (1) of 2843

From Yahoo: re: SHORTING sirstocks1 Jul 14 1998 9:21AM EDT After shorting 50,000 of DCLK at average price of 67 5/8 and covering for a profit of $700k I think I have some knowledge of when to short these overvalued internet stocks.....So please read on. WAVO is not even close to a price at which one should take on a short position..... At current price levels, shorters will have their heads handed to them....... Many people said to short EGGS at 20..... now they are seven points to the wrong, and they will push stock price into 30s..... WAVO will run as the great INTERNET hype brings this baby into mid 20s...... and all the shorts will push it even higher..... I would not even consider this a short play until the 30s..... I am long at 13 11/16..... 14 3/8..... and 15 3/8 and will take profits in mid to upper 20s....... 50,000 shares total..... I like what I see and will be there to congratulate all the longs ... see ya in the very near future..... GOOD LUCK!!!

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