Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Temp. Home of Cooperative Group-Trading -- Ignore unavailable to you. Want to Upgrade?

To: Bill Wexler who wrote (14)	6/8/1999 4:11:00 PM
From: Zeev Hed	Read Replies (3) \| Respond to of 790

Bill, I think you would love to short the following: MVIS. The price, IMHO is artificially maintained above $24 for 20 days (some 10 days have already elapsed?) to cause conversion of some low cost warrants (they become "worthless if the stock trades for more than 20 days above $24). No that is no reason to short a stock, but this company will not have a real saleable product (if ever) for at least 3 years (very optimistic), they live off government contracts and printing shares. Management is adept at getting money in, but, eventually reality will set in. Short in the range $28 to $30 (SL $30.5) , target $16 within two months or so. Zeev