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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?

To: MAELING who wrote (2093)	9/27/2000 10:51:27 AM
From: Sharck	Respond to of 37746

Its not a science MAEL, I have made some good money on Velos trades. I just don't understand all those lines that's all LOL... That's why we use stops, Trade Smart

To: MAELING who wrote (2093)	9/27/2000 1:19:15 PM
From: velociraptor_	Read Replies (1) \| Respond to of 37746

MAELING...Thanks for your comments. As I see it EXBT has only $12 million in cash left and are losing money at the rate of $54 million a year. In addition, for the last quarter revenues decreased. Downside is hardly capped and with so little cash left and the fact that their tape drives have yet to become widely put in use, they have little merit. 4-5 bagger....I doubt it. My call was to short EXBT at 12+ and I do believe the high was 12 1/16 and the low was 11 1/4, easily making 5% on the trade. Also, last I checked everything on my trade list for today is either not an entry yet or made money except for one. Now go run along and don't play with the dinosaurs before you get bit. Velo