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Technology Stocks : PALM - The rebirth of Palm Inc. -- Ignore unavailable to you. Want to Upgrade?


To: David E. Taylor who wrote (1699)9/13/2000 1:03:33 PM
From: Mang Cheng  Read Replies (2) | Respond to of 6784
 
David, I think what we are experiencing is what I would call a 'reverse shakeout' - that the MMs move the stock up painfully slow and lots of long share holders would be tempted to dump their shares and lock in their profit along the way up - and since the stock price keeps on moving up (albeit slowly) they won't have the guts to jump back in and thus will miss out on the run forever. This insight is from my personally experience - I sold 27% of my 2001 calls around $45-47 and didn't have the courage to jump back in !

Mang