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Technology Stocks : Webhire (HIRE) - Enters the Softbank Web -- Ignore unavailable to you. Want to Upgrade?


To: Gutterball who wrote (22)7/27/1999 5:40:00 PM
From: Jose Matos  Read Replies (1) | Respond to of 41
 
Cute picture. Lets see what they do for an encore. This company has a whopping 165 company client list, has managed to have declining revenues, staggering losses, and is in an e-business that can be duplicated and obliterated by dozens of larger, more competent companies.

So because Softbank decided to throw some gambling money (i.e. pocket change) their way, HIRE more than doubles in a week? Sounds like a winner here.

Obviously I'm short the stock (as of today). Hopefully when the hype subsides, so will the stock price.

If I'm wrong, it won't be the first short I've lost money on, but I really doubt the prospects of this company can live up to the hype. Read the just announced loss report and maybe you'll come to the same conclusion.

Regards.
Jose.

The above opinions are my own and not intended to sway anyone. Do your own DD.