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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: 1-DAY-TRADER who wrote (55306)4/29/2000 2:25:00 AM
From: Dale Baker  Read Replies (3) | Respond to of 122087
 
Anyone holding those stocks from split-adjusted $5 or less is laughing their ass off right now - if they were smart enough to take profits out on the way.

That's the downside of shorting....longs can make 1000's of % on the right picks while a great short will never yield more than 80-90%.

But they are both cool ways to make money.

One example - a little cable manufacturer called STKR came to my attention at $2 since they were starting to make fiber optic stuff. It took off and I sold out in the 30's and 40's. You could short it now because the valuation is steep; but you won't match the leverage I had catching it so low before.



To: 1-DAY-TRADER who wrote (55306)4/29/2000 2:36:00 AM
From: E. Davies  Read Replies (1) | Respond to of 122087
 
did you know that MSFT is worth only $6.00 in book value ???

Book value is irrelevant- especially with a software company.

What is far more interesting is how much of MSFT "earnings" are really funded by the stock market itself. Thats scary.

Eric