SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : ADSP - Ariel -- Ignore unavailable to you. Want to Upgrade?


To: BG Smith who wrote (1589)11/26/1999 5:19:00 PM
From: coachbobknight  Read Replies (2) | Respond to of 2263
 
afterhours we are lower by 3 pts...

i just read the bloomberg article...the most recent update...

bloomberg.com

it is a skeptical and negative article...

25 on monday....



To: BG Smith who wrote (1589)11/26/1999 5:20:00 PM
From: Paul A  Read Replies (2) | Respond to of 2263
 
Yup.. from what im hearing, DLJ was partly responsible for driving the price up along with many other firms.. They did most of the buying in the 35-50 range which sickens me..

My broker must have been asleep because I never got a call.. Putting a stop in wouldnt have helped because the squeeze was so hard.. simply amazing..

THis will be real interesting to see what happens monday.. They printed the tape to show 37 as the last trade.. than it quickly retreated to 34.. This should add to the margin call situation and provide support in the lower 20s..

but ill bet anyone my penny jar that this thing collapses by the end of next week.. the question is when does it end? BAMM, NAVR.. even KTEL- they all had a real story..

Imagin telling my grandchildren that I lost all my money at age 32 on a stock.. that rehased old news, was losing considerable amounts of money on shrinking revenues to top it all off.. and I was short!

You longs have gotten one wish- there will be a serious shortage of short sellers now that this train just hit/killed quite a few of us.. notice the silence?