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To: Gone Bonkers who wrote (5737)4/21/1998 2:35:00 PM
From: Rocket Red  Respond to of 26850
 
something got to be cooking



To: Gone Bonkers who wrote (5737)4/21/1998 2:46:00 PM
From: marcos  Read Replies (1) | Respond to of 26850
 
That's what my techie friend says, ignorance is an advantage. He invests strictly in CDs at a major bank. I was grinding on him to pick up some 4.30 Kinross in December, and had him convinced, or so he said at the time, but he never got around to actually buying any. It's pushing on 7 today. It'll likely spike to 12.50 and he'll phone me up and tell me he bought some and I will gently weep just like he does when he is grinding on me for not buying Apple last year like he told me to.

KTEL looks like a good short, but I hear it's hard to find shares to borrow. That would be my approach to tech stocks, I think. I've never shorted a share of stock yet, but some of those spikes over there are so amazing, unrealistic - obviously a message from some sort of deity saying "macros, here is a great sack of money for you, ripe and ready. Pick it and run"