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Technology Stocks : Echelon Corporation (ELON) -- Ignore unavailable to you. Want to Upgrade?


To: Brian Gross who wrote (1322)3/11/2000 8:01:00 PM
From: mishedlo  Respond to of 3076
 
Short this baby and you will get killed when Trane announcement hits the street, and/or when the next earning reports come in higher than expected.

Look at success of RMBS shorts. If you short a similiar fate awaits you.



To: Brian Gross who wrote (1322)3/11/2000 8:02:00 PM
From: Dinesh  Respond to of 3076
 
Brian

This is a classic Trader v/s LTBH argument. Nobody is wrong:
it all depends on one's focus, and on how well tuned one is
to the daily market fluctuations.

Why is the stock sitting 9x the price 6 months ago ?
Because it's products are in sync with the technological
direction of its target business segment, and people have
begun to notice that. Potential applications are huge and it
has IP lock on some essential areas.

my 2c.
-Dinesh



To: Brian Gross who wrote (1322)3/11/2000 8:14:00 PM
From: KevRupert  Respond to of 3076
 
Brian, Roger may be the most experienced short trader in the world. My point is, why ask for a reason not to short it, if he can't even offer one sentence on why he wants to short elon? I don't care if an investor wants to short the stock. At least, present your case (albeit, in brevity if you must). I wouldn't ask "why shouldn't I short csco?" without stating why I thought I should (i.e. poor fundamentals, loss of a key customer, poor earnings growth, over-bought stock). Everyone makes their money however they want. I like to do whatever is working too. But at the very least, Roger can present his case. If his opinions are valid, I may very well become a short and not a long of elon.

The key reasons that I have bought the stock are listed on the gorilla game board. I think the alliances, and the market potential offer a good risk/reward for ME. Not for you or Roger. I could short the stock myself if I changed my opinion on Monday. All I'm saying is at least state why you think so, in order to create discourse. If one wants a financial planner, pay for one.

Your statement that most stocks retrace is valid. But we are not talking about most stocks, we are talking about elon alone. I focus upon a stock when, in my opinion - based upon my dd, I perceive a catalyst to exist. I'm not long elon based upon ta, I'm long elon based upon the book "The Gorilla Game", and my dd of the company. The prospects, which I can go into detail about, if you so care, are what have caused me to be long.

Asking Roger to state his position is not to much to ask in the course of a debate regarding elon's merits. Good luck, regardless of whether you are long or short.



To: Brian Gross who wrote (1322)3/11/2000 10:02:00 PM
From: Ginko  Read Replies (2) | Respond to of 3076
 
If one wants to short a stock ripe for a retracement / consolidation - take a gander at MSTR. 52 week high/low - 331 / 7. PE is 1,420, PS is 101 and PB is 204. Float will be increased over 50% shortly with a secondary coming soon. Talk about bloated and overbought.