IBM Message Board - Msg: 6071054

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Technology Stocks : IBM

IBM 297.44

+2.4%

12:21 PM EST

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To: yard_man who wrote (3926)	10/19/1998 3:08:00 PM
From: Marty	Read Replies (1) of 8218

The thing that bugs me about short sellers is that they always think everybody else are idiots or stupid. They have figured out things that nobody else in the universe is capable of finding out and it is inconceivable to them that everybody else in the whole world disagrees with them. The stock is making all time highs and these people are ranting and raving about how stupid it all is. I don't mind short sellers at all. In fact, I like them, and the more the merrier, because they represent an inventory of future buy trades at some point that we wouldn't have had otherwise. The stock price has already absorbed their short sale so there was no harm done. I also think everybody is entitled to express an opinion here. It is just that short seller have got to convince others to do what they want them to... sell or not buy... in order to make a profit. They get more and more desperate as they are proven wrong and more and more insulting, the more they lose. Think about it guys, maybe there are other things in the value equation that you haven't considered. That is unless you remain convinced that you have total knowledge of the universe and everybody else is an idiot for not believing as you do.

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