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Strategies & Market Trends : A.I.M Users Group Bulletin Board -- Ignore unavailable to you. Want to Upgrade?


To: B. J. Barron who wrote (9048)10/24/1999 5:27:00 PM
From: LemonHead  Read Replies (1) | Respond to of 18928
 
i find his program of interest and a counterbalance to the hipe of cnbc

Hi BJ, although I haven't taken the time to watch CNBC, I told my wife the same thing last night at dinner. Makes you think real hard when you hear an experienced Devil's Advocate. I really don't know anything about shorts or people that actively short. But my mind is telling me that when you have a large short position like you do in this case, it's almost like the bulls just lay back until all the weak hands just dry up. Then on the other hand it makes me think that the Bears are much smarter than the Bulls if they do in fact ride a stock down, then cover and then ride it back up with the bulls. In appears in that situation they profit on both sides of the fence.

I appreciate you responding on GNSS, I find it hard to believe that their inventory problems are going to last as long as some have alluded to. I also find it hard to believe that the price could ever get as low as book value, but I'm not to sure it won't see $8 again. That's a scary thought.

I view this Flat panel screen business as the latest techy fad and feel it will be a big winner in a lot of different appliances. But I may be all wet and way to early. Makes me think of the money I lost in Aware, I just got there to early and didn't hang on like I should have.

How current is the 15 page Schwab research report? What have you found hidden beneath the paper?

Probably not real smart but I just placed a GTC order for 500 shares at $14.50. I take it from your post that I'm to soon and to high.

Wonder if anyone else has developed some thoughts?

Keith