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.
Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: j g cordes who wrote (15791)4/30/1998 12:52:00 PM
From: mattie  Read Replies (1) | Respond to of 68364
 
Good shorting opportunities in the 3rd and 4th tier internet companies. The ones that look interesting are GNET and SPLN. These stocks cannot break out to new highs, are very extended (quadruple or more in last year or so) and will not have any earnings for the next few years (unlike some of the better known ie yhoo). Plus their revenue growth is not as strong and their price to revenue is the same as the leaders.

These companies cannot hold at these levels, in my opinion. Comments appreciated.



To: j g cordes who wrote (15791)4/30/1998 2:05:00 PM
From: Clint E.  Respond to of 68364
 
Jim, NAX up 18. I nibbled on some shorts. Placed short market orders for CIEN, ADSK, MANU, NETA, & LHSPF. Bot another 35 put contracts on PSFT MAY 35.

ADSK should fall nicely. PSFT is going to 41. That's my biggest position.

I'll wait and see how the rest of today goes. Let's see if we get a small boost in the afternoon.

Mojie


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News