HAUP - Hauppauge Digital Message Board

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Technology Stocks : HAUP - Hauppauge Digital

HAUP 0.0155

0.0%

Nov 7 9:30 AM EST

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To: genejockey who wrote (550)	5/23/1999 2:32:00 AM
From: Don Kelly	Read Replies (3) of 1149

>>>What investor is going to buy at 27 when the same company was available at 12 on Thursday?<<< Answer: A typical one. Short sellers often fall into the trap of over estimating the knowledge and trading acumen of the "average investor." Anyone who can read and understand an SEC filing -- or recognizes hype PR when they see it -- knows that HAUP is grossly overvalued. But don't assume the average Joe knows that, else you may end up outsmarting yourself. (Even so, I'm shorting with you on this one; it's just too fat to resist and I think it'll get fatter Monday). Incidentally, according to my understanding of market mechanics, the current float on this stock is not 2 million as posters keep mentioning. It's actually 2 million PLUS the number of outstanding shares short. Given Friday's action it's anybody's guess what the artificial float might be now.

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