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Technology Stocks : Excite [XCIT], an exciting stock to own in 1999! -- Ignore unavailable to you. Want to Upgrade?


To: David L. who wrote (1306)4/16/1998 6:07:00 PM
From: The Vinman  Respond to of 3183
 
Don't care what happened to the shorts in the past, valuations are at such insane levels a thrifty short seller can profit a great deal at these levels. The longs will be on the "take a bath side" very soon. Any one that thinks these stocks are good long term buys will get burned big time. I have made money shorting XCIT and lost and made shorting YHOO, its all in the timing. Too many people assume short sellers sit on their position vs. trading and are getting burned with every uptick...

Vinman