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


To: Glenn Petersen who wrote (25446)5/30/2001 1:38:36 PM
From: American Spirit  Read Replies (1) | Respond to of 37746
 
Bought NOVL at 4.51, PALM at 5.51, AAPL at 19.51 and trying to get LOR at 2.51 - love those 51's. Now just hoping the 50's don't break. Nothing against shorting, but the time to do it is during irrational exuberance to the upside like a few weeks ago, not gloom and doom days. Those are the days to cover. PALM for instance was at 10 just 3 weeks ago. Sure they have poor earnings but a 3 billion market cap for this hand-held dominator is cheap-cheap-cheap. NOVl and AAPL both have about 55% of the market caps in cash. NOVL has real estate worth another buck a share as well. These are value plays.