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Technology Stocks : The New QLogic (ANCR) -- Ignore unavailable to you. Want to Upgrade?


To: Kerry Lee who wrote (23913)8/28/1999 11:03:00 AM
From: Greg Hull  Read Replies (1) | Respond to of 29386
 
Vis-a-vis Greenberg, I've copied this from another thread:
Message 11092656

I have no position in ASTN, short or long, and don't have an interest in taking one, but it seems to me that the ASTN thread is hostile enough to raise red flags and I'd be uncomfortable being long the stock because of it. Herb Greenberg uses the "hostile-o-meter" reaction to his TheStreet.Com columns as a confirming indicator. The more the longs are rabid "believers" instead of cool investors the greater the chance for a fall. In retrospect I can see that this is absolutely true because I was a suckered IPMCF "believer." We were so good with name calling and verbal (written?) sparring with the shorters, but in the end our belief and hostility didn't help the stock. Fortunately I didn't lose much on it.

Does the shoe fit?

Greg