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Technology Stocks : Audio and Radio on the Internet- NAVR

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To: TH who wrote (4452)1/15/1999 8:53:00 PM
From: SteveDavis  Read Replies (1) of 27722
 
matthew lange,

If anyone is short after seeing what happened to DBCC before the IPO has to have their head examined. There are only some 6.2 million in the float and when it starts to move it will be almost impossible to cover. A short may make some money but, boy, there have to be better stocks to short in this market!!

There are stories of "professional money managers" who shorted INet stocks that have had their personal fortunes wiped out and have filed bankruptcy. Why in the world someone would step in front of an out of control speeding freight train and think that by strong will and a briefcase full of documents proving "overvalued" that they could even slow the train down.

IMO

Steve Davis
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