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Strategies & Market Trends : Shorting stocks: High fliers -- Ignore unavailable to you. Want to Upgrade?

To: RockyBalboa who wrote (698)8/19/1999 6:02:00 PM
From: Mad2  Respond to of 709
 
I ended up going long on NEON at the mid 13's. It on its "double bottom" bounce as we speak, however I'm a bit concerned about the market outlook at this point, not only rates (next Tues Fed meeting) but the weakness in the dollar which adds to the inflation pressure. I don't see any way to avoid a rate hike at this point.
Never acted on BVSN, which is now selling off.
On NEON, the upcommiing ipo of Vitria and the other EAI company might lift NEON in sympthy, also I think DELL's performance and comments about sales the rest of the year is taking some pressure off. CrossWorlds is doubtfull if it will go as they are having execution problems.
Mad2



To: RockyBalboa who wrote (698)8/19/1999 8:21:00 PM
From: ynot  Read Replies (1) | Respond to of 709
 
is, bea is a pig, both the stock and the technology
psft is heavily vested in it, PSFT a twin technology turd, imho
good luck with it, though boredom may be the only challenge until this one gives up the ghost
ynot ;)


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