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Technology Stocks : SkyMall (SKYM)
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To: RON BL who wrote (869)1/7/1999 11:57:00 AM
From: Tom Hua  Read Replies (3) of 987
 
Ron, enjoy your day with SKYM. If it wasn't for the CEO dumping more than 1 MM shares during the last runup and backstabbing his partners/co-founders, SKYM could go a lot higher thanks to its small float. But the CEO has left a very bad taste in people's mouths, in essence taking money from the innocent "investors" for his own gain. Fool me once, shame on you, fool me twice, shame on me. How many are willing to hold this P&D issue long? I suspect not too many. As for the shorts, most who shorted in the 30s, 40s covered two days ago (based on sampling of SI posters). They're salivating for another chance, IMO.



Regards,

Tom
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