Roger's 1998 Short Picks Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Roger's 1998 Short Picks

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: RockyBalboa who wrote (15427)	11/12/1998 9:13:00 PM
From: Druss	Read Replies (2) of 18691

Christian and all--Everyone is focused on AVCO's ridiculous movement, but some others were out there too. Check out MCOM, up over 40% on this release: biz.yahoo.com Essentially they are saying that since MSFT is in the area they are so they are on the right track because MSFT is a successful company. This paired with their earnings release of Oct 30 is interesting reading since they increased their losses from .94 a share to 1.13 a share. Being a cynical sort I felt like I was reading the equivalent of them standing up and yelling "We should go up too, we are an internet company!" Don't earnings matter any more? I thought profits were the reason companies were in business. For what it is worth I am not shorting the internets right now. I don't short 'market darlings' and the whole sector is a market darling. When stocks get this irrational they are fully capable of devouring a short and they don't mind getting even more irrational to do it. All the Best Druss

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next