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Technology Stocks : EFAX.com - easy-to-use fax-to-email technology
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To: Rajiv who wrote (852)3/26/1999 12:22:00 PM
From: Brasco One   of 1197
 
This is the reason for the recent bounce and why we are still maintaining these levels. Few days ago, nasdaq dropped 60 points and Efax was up like 3 or $4. Suckers thought that that was real strenght in the stock and taught that its going back to $32. They won't and don't seem to understand that it was shorts covering and not real buyers buying the shares. Anyway, as time (few days) passes by, and as insiders sell, efax will drift lower and lower. And when it goes down, it will go down hard. so the smart suckers would sell now, and the dumber suckers will sell at 15, and the dumbest suckers will sell at 10.

good luck all shorts!
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