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Technology Stocks : MicroStrategy Inc. (MSTR) -- Ignore unavailable to you. Want to Upgrade?

To: Carl Smith who wrote (598)	6/10/2000 8:32:00 PM
From: LTK007	Respond to of 717

i have noted a pattern in momentum stocks to close strong on a friday,then have pumpers go to work on YHOO to get a gap up,then sell hand over fist into the gap. there were over 75,000 trades on friday with an average trade size of 354 shares,this indicates massive churning,with traders flipping from long to short all day,with the dips being buy points and the tops being sell points. We have NO driving story here,this is not an SDLI or PHCM or BRCD,we only have a stock that ran from 11 to 337 on very questionable accounting practices that gave the false impression it was making money rather than being a company that was burning up cash,and was in deep trouble. the only thing getting buyers to run to this is seeing that it was once 337,and greed getting them to thinking it will retrace,and erasing from their mind that it got to 337 on false pretenses,and in fact is a company in trouble that in no way deserves it's present market cap,and that it's run to 337 may turn out to be a shameful page in market history. CNNfn MoneyWeek recommended this as short this weekend. we will see what happens,it will be interesting--i make no predictions.max