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Technology Stocks : Secure Computing - Integrated Network Security -- Ignore unavailable to you. Want to Upgrade?


To: Mike Maxton who wrote (904)2/29/2000 9:57:00 PM
From: J L Segal  Read Replies (1) | Respond to of 930
 
Mike, I thought you went short a couple weeks ago at 15
Message 12822802
How did you manage to get an average price of 17-5/8?
Maybe you haven't covered yet and are getting a bit nervous?
I'd be careful shorting SCUR, the irons are in the fire and there is still potential for substantial upside.
Just MHO, of course.

BTW, what are you expecting to happen on Friday that will drive the price down?
"I went short, expect to make a nice profit on Friday."

JL



To: Mike Maxton who wrote (904)3/1/2000 5:29:00 PM
From: GM  Read Replies (1) | Respond to of 930
 
Thanks for your detailed reply and insight. Looks like a simple product announcement really moved it up nicely today.
I like when it trades up sharply on volume of more than 1 million shares. Short term it may be open to some fluctuations, but long term it's upward bound. The catch is that people are looking at it's valuation compared to Checkpoint which is in the stratosphere. I might take some more profits at these prices, would like to really see 20, but I wouldn't risk shorting it. I'll hold the rest for the long term. What do you expect to happen by Friday?