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Technology Stocks : MicroStrategy Inc. (MSTR) -- Ignore unavailable to you. Want to Upgrade?

To: Carl R. who wrote (334)	10/18/1999 3:02:00 AM
From: Sultan	Read Replies (1) \| Respond to of 717

What makes this one worth at these levels... When I see valuation like this, I just DO NOT understand the basis..

To: Carl R. who wrote (334)	12/16/1999 4:44:00 PM
From: Toby Zidle	Read Replies (1) \| Respond to of 717

It's too bad that SI doesn't 'price-stamp' its postings. I'm curious about the price of MSTR as you wrote #334. It was just a week or two after I sold mine with a quick 50% profit (because 'bulls win, bears win, but pigs get slaughtered' -- ha!). Well after that, we watched MSTR tack on another measly 200%. It looks, from your later postings, like you perhaps never did get into MSTR long. (?). I know that I told myself that I wasn't going to chase the price. What a run I missed. Now in the last 4 days or so, MSTR has dropped some 70 points or thereabouts. Is this, at last, the big catastrophe that brings MSTR to its true value? To $20? I can't believe that. With a 30% drop, a lot of people are going to see this as a new bargain compared to what it has already done. I see a new reservoir of buyers. I wouldn't buy MSTR on its hot way up, but with the price stabilizing after a quick plunge, I'd certainly buy it on the pullback. Now here we sit, day's low right on the 20-day exponential average which has been a fine support level for so many stocks. It looks like finally it's time to go long without 'chasing' the stock. What goes down can go up, and MSTR has had many days of +$20 advances. I'm long now at $170, feeling good about MSTR's recovery prospects. Funny thing about Auric. If you read his postings over some months, nothing changes whether the stock is at $60 or at $200. But when he's clearly wrong, as when MSTR gains 200%, he's conveniently AWOL from any discussion. I'd hate to be a disciple of his, short at $60 and left to hang in the wind. Then Auric reappears at $200, as blissfully asserting the same 'POS' argument he had so wrong at $60. Come on, Auric, tell us where you cover your short on this 'POS' stock.