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Technology Stocks : Learn2.com (LTWO) -- Ignore unavailable to you. Want to Upgrade?


To: Jim B who wrote (38)12/14/1999 6:22:00 PM
From: Rajiv  Read Replies (3) | Respond to of 95
 
I have shorted SEVL/LTWO in the past. I have found that in the past it has found it very difficult to hold on to any momentum fueled gains. I am confident it will go below $4. The one aspect I was not sure of was at the level it will peak before it starts the inevitable decline. I decided it was best for me to short a part today itself. The linux-craze is weakening and the news is not relevant enough for LTWO to hold on to its gains.

The last trades were at around 4 3/8. Looks like I will be gone soon (my target is 3 3/4). This play is turning out to be similar to ZITL.

Regards,
Rajiv