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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Jenna who wrote (119463)	12/18/2000 10:44:17 PM
From: Jenna	Read Replies (1) \| Respond to of 120523

RIMM is such an obvious short that its taking a bit longer 1,771 P/E Its not worth covering a short position just hold them or cash them in for the next strike price out (or two or three). I would be buying 55-60 strike option puts for February or March even. We could have done the same with NTIQ, CFLO,TIBX, BRCM, BRCD, WEBM,RBAK, JNPR, ONIS all got chopped, diced and quartered and its not over. Give them a little rest and let them set up once again as short bait. Its becoming more and more obvious daily that these plays are just being kept up by illusion.