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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: Matrix_Man who wrote (1155)4/24/2000 10:55:00 AM
From: Zeev Hed  Read Replies (2) | Respond to of 30051
 
Matrix, I hope you are right and we get some short covering here. The short position in CDTS did explode in the last few months and that should serve as a cushion.

Zeev



To: Matrix_Man who wrote (1155)4/24/2000 11:16:00 AM
From: Zeev Hed  Respond to of 30051
 
Matrix, I myself am reducing exposure a little and changing horses, I sold CCRD at $23.25 (not a big 3/8 loss) and bought BRKS at $76. I am not sure what everyone is seeing in ELON, personally, I think it is a lot of hype and I am not persuaded that their technology is going to take hold in any big way. As a trading vehicle it might be OK, but I do not see the long term picture as I see it in stocks like SNDK, RMBS, QLGC and JDSU.

Zeev