SI
SI
discoversearch

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 : Altaba Inc. (formerly Yahoo) -- Ignore unavailable to you. Want to Upgrade?


To: craig crawford who wrote (5916)1/8/1998 1:11:00 PM
From: santhosh mohan  Respond to of 27307
 
*** Off Topic *******

<<The bulk of the gains have been made on the way down to 2. Trying to squeeze that extra couple of points is a little risky and not worth the hassle considering the heavy short interest and small float.>>

A firm that is truly in trouble will run out of cash, have no revenues, etc. and go from $2 to near zero in a hurry. Examples, GANDF, NUKO, CTYS, etc.

<<A FIBR follower told me there are Lucent buyout rumors. What a crock.>>

This is the first I have heard of a LU buyout. Not that I would object to a buyout. Regarding technology, if Lucent is so omnipotent how come you have firms such as Ciena doing so well?

<<But more importantly, if FIBR was going to be bought out by LU why would insiders have sold shares recently in the 2's?>>

I am sure insiders have their personal reasons to sell. Why would Steve Case unload hundreds of thousands of AOL shares at less than $75 per share. It is now at $90+ and the WSJ had a money manager opining that AOL would get taken out at $120+. So much for common sense and the obvious.

More later.