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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Wilshire Steve who wrote (17605)1/2/2002 11:58:10 AM
From: Zeev Hed  Read Replies (2) | Respond to of 99280
 
Yes, but so is MU and many other stocks, when money needs to be deployed, they have a limited number of stocks with they go in, EMLX, right now, is in vogue, it is called momentum, it is strong on the way up and very strong on the way down. Why short a strong chart when there are many weak charts?

Zeev



To: Wilshire Steve who wrote (17605)1/2/2002 11:58:46 AM
From: TREND1  Read Replies (1) | Respond to of 99280
 
emlx is not over valued if...it can show 30-40% growth
in rev. you can not use standard PE stuff on such a growing
company. before you short any more,,,go the their web site
and listen to 3 hour cc. IMHO.

Larry Dudash


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