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Technology Stocks : Power-One (PWER) -- Ignore unavailable to you. Want to Upgrade?

To: bobby beara who wrote (112)	6/27/2000 7:44:00 PM
From: arkay	Read Replies (1) \| Respond to of 285

Hi bobby. I agree with you about the stock. Where I think we may differ is that I try never to risk capital unless the odds are overwhelmingly in my favor and there's a way to limit loss in the not infrequent event that I'm wrong. In the case of a skyrocket like PWER, who knows how many lemmings will throw their hard-earned cash in this direction before its inevitable demise. And if I short a hot stock too soon, I lose big big. Hence my policy is... kick 'em when they're down. Short some lame burned out issue where all the owners are dying to sell every rally to limit their losses. THE TREND is YOUR FRIEND