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Technology Stocks : AboveNet Communications, Inc. (ABOV)
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To: JW Steve who wrote (248)4/1/1999 4:05:00 AM
From: Colin Cody  Read Replies (1) of 835
 
JW, still we're talking picking up the scraps off the floor, and the add to that the RISK of a $50 up move (loss) to a potential $20 down move (profit) is a risk I would never undertake.

i.e. If you missed the easy money, move on. Find something else. Don't short a freight train.

We went through the examples of fools who shorted AMZN DCLK et al and to this day (if they didn't cover at huge losses) are underwater sitting on dead money. Sure this MIGHT be profitable to a short, by the risk/reward says either play it long, be nimble, or STAY OUT.

There's plenty of stocks to make money in. Buy RNWK if "you" don't know what else to do with your money.

Colin
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