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Technology Stocks : Cybermedia (CYBR)
CYBR 508.34-2.1%3:59 PM EST

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To: SHUBLU who wrote (294)7/21/1998 10:29:00 AM
From: MHH  Read Replies (1) of 306
 
Earnings are on the 28th I believe.

I am not saying the road won't be rocky. Hey, it didn't feel to good weathering yesterday.
I am continually amazed at the number of people who buy into a stock when it gets a little choppy because every price move must be part of a conspiracy of inside investors, rather than people just like themselves grasping at straws.
I plan to cover my shorts--in a month when the stock is at two.

One angle that I think is so fascinating about this stock is that the CEO Rekhi (according to the article quoted in post 284) believes that his reputation on the line and he has to prove that Indians can be ceo's. "'It's important that I straighten it out,' he says. 'My reputation is at stake.' You get a sense that he feels the Indian community's reputation is somewhat at stake, too." Now that is the the kind of rational thought that will turn this around. As if the guy didn't prove enough by making his first hundred million! Well, if he wants to gain respect, I think he should show some honor and fold the company rather than just run it into the ground. Although my heart goes out to a man who is has been successful in the past and still feels he needs to prove something.
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