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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic -- Ignore unavailable to you. Want to Upgrade?

To: W. Clinton Terry who wrote (15338)	12/31/1997 12:02:00 AM
From: Captain Jack	Read Replies (1) \| Respond to of 27012

Clinton--- It makes some sense to me also. In principal, it is a great short possibility.Avg daily short volume has been climbing the last 4 months to show an S/A now of nearly 1.5 mil shares. I would love to jump on that bandwagon for a normal stock but this one has a few things I hate. People love the stock/company and are not rational or it would not be where it is.Number 5257 on the YAHOO thread says it all--- real business logic does not apply to YAHOO. It is on a real roll for some unfounded reason(s).Think of ZITL and PRST. They finally bit the dust after a crazy run. With ZITL I ran it up and down--missed the up on PRST but played it down (Hope to do the same with YHOO as PRST). Netscape is near a 52 wk low--- it went 2X its 50 day average and YAHOO still has a way to go to reach that point. They recently bought FOUR-11 and it is a real loser for them. Volume seems to be dropping -- good short sign, but the analysts are still giving it a rec avg of a high hold,,,. Let's keep an eye on it and earnings.There seems to be some thought of them turning a profit this qtr which I do not think will happen. That and/or the first sign of weakness or volume dropping is the time to short....not yet worth the agrivation as when it falls it will fall far---- 38 - 45 range. Easy to short going down as it is nearly double its worth. Hopefully it will see 100 before its starts as 80 would be a great place to ride it down to 50 without a care except what to do with the money....... John