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Technology Stocks : IMAL - Online Shopping Mall
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To: Anthony@Pacific who wrote (57)12/22/1998 10:05:00 PM
From: Hunter  Read Replies (1) of 399
 
Anthony,

I know the feeling but I had to cover today. The trend is your friend and I wouldn't want to be holding this one short right now. I currently don't own and concur that the company is a piece of meat - BUT - who would have thought EBAY would be trading at 300 dollars per share? Earnings, revenues, etc. it doesn't matter. Right now the last thing you want to be is short on a stock the public views as another internet play. If you have the assets, you can hold and eventually you will see the stock fall back to 12, but if you don't have deep pockets watch out. Good Luck.
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