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Technology Stocks : WAVX Anyone? -- Ignore unavailable to you. Want to Upgrade?


To: John Finley who wrote (8617)8/5/1999 1:50:00 PM
From: Smilodon  Read Replies (3) | Respond to of 11417
 
I am net short. I am very bearish, especially for the 2nd and 3rd tier internet stocks.

But even when the market was good I was close to market neutral. This year has had so many good frauds and hype jobs, I have made most of my gains on the short side, including 3 SEC halts. I think the majority of my shorts will go to zero eventually, and a bull market won't help them.

Now, while I think WAVX is unlikely to ever have a real business, it is nowhere near my most promising short. WAVX and KOOP are my two most risky shorts now, in my opinion. And thus the two I will probably cover if I think the market is turning.