Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Terayon - S CDMA player (TERN) -- Ignore unavailable to you. Want to Upgrade?

To: Tom Kearney who wrote (706)	4/16/2000 5:15:00 PM
From: okey	Read Replies (1) \| Respond to of 1658

Tom - ENBC was a short call in early February. All the money was made in March to early April. Remember, a successful short is selling when high and buying back low. The market was still screaming in Feb-Mar. ENBC was claiming their goofy sulphur extraction process could extrapolate out to some genetic process. They were trying to command a market cap similar to the biotechs. That was identified and a short call was correct.

To: Tom Kearney who wrote (706)	4/16/2000 7:10:00 PM
From: Mama Bear	Read Replies (2) \| Respond to of 1658

I think I'm going to compile a list of things that short sellers have to do in order to get credit for a good call. 1. A short seller may not post his call anywhere or speak about it in public. 2. The stock must fall in a rising market. Any profitable short in a declining market is discounted. 3. The stock must never recover, even years after a short sale is covered. 4. The security may not rise in price after the short sale call. A degree of success is discounted for every tick beneath the top which the sale is initiated. Those are the first four. I think there should be more flapdoodle rules that longs have to discount profitable shorts as good calls. I will expand this list as other worthy twaddle is brought to my attention. Regards, Barb