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To: Robert Rose who wrote (88935)12/29/1999 10:08:00 AM
From: Jan Crawley  Read Replies (1) | Respond to of 164684
 
Exactly. Holding a short overnight with these stocks in this market is playing with fire.

Holding a long such as Cmrc over-night is equally painful. Down $80 yesterday, and down $33 so far this morning.



To: Robert Rose who wrote (88935)12/29/1999 10:16:00 AM
From: Eric Wells  Read Replies (3) | Respond to of 164684
 
Exactly. Holding a short overnight with these stocks in this market is playing with fire.

Robert, I don't know what's gotten into me lately - I find myself wanting to short certain stocks because I feel they are "over-valued" (forgive me for using the term). It definitely must be short-sightedness on my part.

I'm confident that there's never a need for any of us individual investors to question an analyst upgrade - if the price target is higher, well it must be based on sound fundamental analysis and solid judgement - and I'm glad that none of us does ever question an upgrade - why it is obviously not within our realm of thinking to determine a "fair" price for a stock. After all, these analysts are smart, honest people - and it is amazing how often they are right - we'll all do well to follow them, forever, wherever they may lead us.

Thanks,
-Eric