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Technology Stocks : ADSP - Ariel -- Ignore unavailable to you. Want to Upgrade?


To: Bilow who wrote (1395)11/25/1999 12:06:00 PM
From: Paul A  Read Replies (2) | Respond to of 2263
 
KTEL was a thing of the past, and I highly doubt you will ever see anything quite like it and it caught some big wigs off guard- thus a monsterous squeez.. Professionals never saw a squeeze of that magnitute, and to expect it from ADSP is silly.. Comparisons using stocks like QCOM and BVSN.. How can anyone use those symbols in the same sentence as a compnay like ADSP?? and remember.. KTEL had one helluva a story going for it.. CDS over the internet.. I even went long on KTEL at the time.. Huge difference.. of course, the end result was the same.. single digits..

Im also curious where you work because all the brokers I have access to had plenty of shares to short on Friday. I also never in my life heard of not being able to hold shares into the next day, unless you get called out which isnt going to happen with a silly momentum play..

anyhow.. spending too much time here.. This has been alot of fun, especially on the raging bull thread. These stories ALWAYS end up the same way.. reality sinks in and ADSP will be no different.. and incidently- professional shorts dont need to borrow shares. This is something only small guys like me have to worry about.. Thats why I made the choice to go short on Friday, because there will be huge demand for shares come Friday morning if we gap up.

She will print 16-17 on Friday morning before the open, and ill bet the market orders start piling up.. Theres just too much ra ra in this story and all the hypsters will be falling over one another to get their 'triple'.I would probably stil have shorted it if it rose 1-2 points on this news.. Its just silly, and thats where the most profitable shorts are to be found. Silly.



To: Bilow who wrote (1395)11/25/1999 12:24:00 PM
From: Jim  Respond to of 2263
 
Carl,

Thank you for your excellent post, which I found very informative. It's always good to stand back and think about the "big" picture when you see something like this happening. It's also useful to use our experience to see the results of similar "plays".

I was lucky enough to buy some shares at 5 in the pre-market. After the runup to 13, I started trying to sell when it was "passing through" the 11's, and finally sold at 10 1/2. Later, I bought a smaller amount at 9 7/8, and was planning on holding for the gap up on Friday.

However, after reading this thread on Wednesday evening, and thinking about the company, AND seeing the aftermarket at 15, I sold my position at 15.

Quite a day - both my major trades were outside market hours.

I will start thinking short at 10:00 on Friday.

Thanks to you and all the others on this thread who have done the research, and shared their thoughts.

Jim



To: Bilow who wrote (1395)11/25/1999 12:43:00 PM
From: lifeisgood  Read Replies (2) | Respond to of 2263
 
Carl,

With all due respect, you have much to learn if you are going to keep your capital. Comparing ADSP to QCOM is ludicrous

QCOM has a P/B of 21.12, and a P/S of 16. Those kind of multiples applied to ADSP would put the stock price around $30 per share

It is exactly this kind of lunacy that leads to disaster for novice "investors" who dream only of getting rich tomorrow. Why not just say, "if this were MSFT it would be worth..." If you are going to make outrageous claims, try to stick a little closer to the facts.

Beanie babies aren't great bargains either, but sometimes the $5 stuffed dolls sell for $5000 each

The cards that ADSP sells are not collectibles. A better analogy of the product ADSP sells--------> Selling 8-track tape players for "less money than most CD players cost." What a bargain.

I hope you use better reasoning when you invest your own money.

best...

LIG



To: Bilow who wrote (1395)11/26/1999 2:56:00 PM
From: jlib  Respond to of 2263
 
Bilow, your analysis yesterday of how the market makers would trade this was much more correct than mine.

First rape the shorts, then rape the longs. Good call!

Best,
Jimmy Liberato