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


To: Paul A who wrote (1795)11/27/1999 10:24:00 PM
From: SLSUSMA  Read Replies (1) | Respond to of 2263
 
Paul - things we agree on:

1) ADSP is a POS.
2) There is tension on both sides.

However, there's what A@P has to say about the risks of shorting...

Message 12123405

I agree with him 100%. And I don't have sympathy for anyone who bought at $50, whether a long or a covering short.

However, if you are a long that bought at $50, the most you can lose is $30 when the stock drops to $20 at the open. Suck up the loss and move on. The shorts with margin calls are the ones that need to worry.

Since the tension is so high, and since I have obviously stirred up a hornet's nest, I will retire for the evening to my favorite watering hole. I will drink a beer for the shorts with margin calls!



To: Paul A who wrote (1795)11/27/1999 10:48:00 PM
From: 10K a day  Read Replies (1) | Respond to of 2263
 
Hi Paul....It's Never Over Unless You Quit...
Message 10890533



To: Paul A who wrote (1795)11/28/1999 12:24:00 AM
From: Minbari  Read Replies (1) | Respond to of 2263
 
Well, I had the day off Friday. Heard about ADSP running
up even before the market opened and thought..."Well why
not try this for a little day trade?" I bought in at
25 and sold at 50 and walked around stunned the entire
day. Some of my investor friends say this crazy stock
is going to run up AGAIN Monday morning! Monday morning
I won't be in my jammies - maybe it's good I'll be back
at work and distracted. Will be interesting to see
what happens.