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Technology Stocks : SFLK

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To: Danimal who wrote (477)2/9/1999 2:02:00 PM
From: ed doell  Read Replies (1) of 1591
 
>>I think it's pretty obvious who is short and who is long.
People who are long say mostly good things about the company, people who are
short only say bad.<<

****************************

Well, I for one know this is incorrect thinking. And what is the purpose of such a mindset, anyway?

I was long and made cautionary statements about the stock itself and in particular the latest PR "promise."

IMHO novices going into a BB or Naz small cap stock need to be made aware of the various pitfalls relating to that kind of market. For example, it is not saying bad things about a stock to say that BBs do not have to report as other companies do. It's a fact of BB life, and one that a potential share holder needs to be aware of. A short might bring that up to make weak hands nervous, I'll grant you that, but it's not trash-talking a stock to discuss its characteristics and the characteristics of its market.

One's tolerance for risk buying a BB stocks needs to be very very high as opposed to buying an INTC or MSFT.

Out of the market and waiting for my own personal buy signal,

Ed
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