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

To: Roger A. Babb who wrote (1392)3/14/2000 11:15:00 PM
From: Techplayer  Respond to of 3076
 
Roger, Of course you do now that you have a short position (supposedly at 106 from a call after 4:00). Go ELON. eom



To: Roger A. Babb who wrote (1392)3/14/2000 11:49:00 PM
From: Dinesh  Respond to of 3076
 
Roger,

That NAZ is overvalued may very well be true. If anything,
Nasdaq has been in a tornado for a while <g>

However, shorting ELON does not seem to be the right move
in line with such outlook. For one, the market may decline
but a particular stock may continue to go up. This
happens all the time. even during Fall 90, some stocks
kept on making new highs.

Wouldn't shorting QQQ or buying puts be a better method ?
Is there more to your story ? Is ELON the quintessential
NAZ ?

Regards
Dinesh



To: Roger A. Babb who wrote (1392)3/15/2000 3:18:00 AM
From: bigg e  Read Replies (1) | Respond to of 3076
 
Roger..."I think the Nasdaq is greatly over valued and has much more downside ahead."....if that's your true belief, short the Index....Ciao



To: Roger A. Babb who wrote (1392)3/15/2000 10:26:00 AM
From: kumar  Respond to of 3076
 
Nasdaq is greatly over valued : short QQQ ? <eom>


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