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Technology Stocks : IMON - Quoted from Barron's Corporate Reports

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To: CountofMoneyCristo who wrote (446)1/18/1999 7:51:00 AM
From: hoffy  Read Replies (2) of 2220
 
Alright, enough already; Count and Anthony. We know that the Count thinks the stock will rock and go to 20 or higher and that Anthony is a shorter and thinks the stock will fall. Everyone is allowed to their own opinion and trading strategy.
Personally I think both of you are right. I think the stock will go up big time in the near term and then it will be a good short at some point. I don't think that time is yet though. I think after a big rise into the Count's target area then a short will be warranted. SO Anthony thinks the time is now. I think he is early with that call and may get burnt. He is a very good trader and if need be he'll cover at 10 or higher and then look to short again at 20 or 30 like he did with SKYM. He'll still probably make some money on it.
There's always money to be made on every stock both ways. Right now I would want to be long IMON for at least a while until the price rises through the roof and the volume starts to fade. Then it may be a good short
On Tuesday we'll know everything because the market never makes a mistake about a stock.
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