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Technology Stocks : Viasoft is an excellent stock, but what about the company?

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To: Roger A. Babb who wrote (63)1/14/1997 5:29:00 PM
From: Warren Gates   of 169
 
Hi Roger, I assure you that VIAS is not yet at that blowoff stage ... check out my post on the Zitel thread that weekend before the Monday blowoff and the reasons I stated there why I thought the bubble was about to burst ...

If S.I. is good for something, it is an excellent hypo-meter ... if you logon on a Sunday night and have to spend an hour to read all the posts for that weekend ... and you look at the chart and notice all those gap ups ... then you know that the time is ripe ...

I've covered my shorts in Viasoft when it broke the 52 resistance level ... I actually was a buyer today at $61 and sold covered calls ... huge premium ... I will probably buy tomorrow at the open and sell more calls ... at some point, I'll start selling naked calls ... then,
if it goes to blowoff proportions, that's when I'll start shorting.
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