Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : NEXTEL -- Ignore unavailable to you. Want to Upgrade?

To: freeus who wrote (3101)	11/12/1997 1:12:00 AM
From: Al Gutkin	Read Replies (2) \| Respond to of 10227

freeus: I'm no expert on shorting. Just try to use common sense. In my opinion, shorting is a very short term move. Especially when you follow stocks like Nextel. They have the capacity to move quickly, in either direction. In order to even have half a chance at gambling with stocks, you have to be glued to the screen, especially in this currently unstable market. Heck, you can short any stock at this time of year. Look at (GLM) Global Marine, good company, offshore oil drilling, good contracts, yet it occilates (spelling?) daily with the market. Short if you don't have money to buy long, or if you like an E ride at Disneyland. I sure hope you're right about Dec and Jan being good for the bull market. Remember, beer and pizza is on me, lets think about where we can have the party. The now very nice Al

To: freeus who wrote (3101)	11/12/1997 8:02:00 AM
From: Ramsey Su	Read Replies (1) \| Respond to of 10227

freeus, I am going to get toasted again for bringing up the "freeus effect". Are you starting to think about shorting? When you actually short something, it may be a good indicator that the market has bottomed. I hope you understand that "freeus" is inside all us, just to different extents. There is a lot of comfort in following the crowd, even if the crowd is heading toward the slaughterhouse. Investment psychology seems so simple but is so difficult to practice at times. Regarding Jerry Klein, I have alway questioned his stock analysis. He loves WDC because the company, including the CEO, will come to his weekend promos. He bad mouths QCOM because they turned him down. Everything he said about WDC, when he was touting the stock, did not take into consideration the competition, the overall DD market, the history of fierce price wars in the industry etc etc. These things should not be a "surprise" to anyone who had done their homework. Nextel is also a stock that he is touting with the same shaky analysis. I am not sure if he can name the main competitors in the cell phone arena and what are their respective niches. Having said that, he probably provides a reasonable service to those who do not have the time to understand investing themselves. Ramsey