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To: Estephen who wrote (52432)4/4/2001 10:17:45 PM
From: IceShark  Respond to of 53903
 
That is a crazy question to ask of anyone that knows this stock. And InSook does. Sure it could and should fall like a rock. But it never does what you would suspect. Never, as it is rigged by the Devil Himself. -g-

As SkeeterBug once noted, it will be trading at 90 when they go into Chapter 11.



To: Estephen who wrote (52432)4/5/2001 8:51:28 PM
From: Zeev Hed  Read Replies (1) | Respond to of 53903
 
If you are gutsy and have "death wishes" go ahead, if you absolutely need to short this one, I would wait until it gets to the $44 to $47 area with a stop loss just above $50. Purely a technical call, but consider that you have three months before the gory details of the next quarter come out, consider that the PC people are claiming that the "worst is over", consider that it has not made a new low since mid October, and since then the stock is actually in a mild general uptrend, when the like of INTC and TXN are making new lows, I don't think it is a riskless short here under $40.

Zeev