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Technology Stocks : Preview Travel (PTVL) ---- Via...Excite & AOL -- Ignore unavailable to you. Want to Upgrade?


To: DarrenS who wrote (248)5/8/1998 8:09:00 AM
From: RDH  Read Replies (1) | Respond to of 728
 
Darren,

I love your sense of humor.

It was fun to see how the day traders covered the short positions at the last 8 minutes of trading on Thursday, shooting the price up to 33 something.

What bothers me is no signs of anyone seriously bullish in PTVL. This makes it so dangerous to short. I am shorting it and enjoying the action, but I realize caution is necessary (the short interest is getting uncomfortably high -- and the bulls are uncomfortably hard to find)

What amazes me is how the brokerage firms shamelssly promoted this stock. What a relationship they have with the customers where the method of business is to cheat their customers (isn't that biting that hand that feeds you?). You and I know that no serious analyst with any accounting skills can justifiably recommend this stock as a buy. Certainly there are other ways for them to make money than these types of schemes. This is my simple opinion, maybe I am missing something. Are there any bulls out there that can speak up for the fundamentals of this stock or provide reason why PTVL will rise above their competitiors?

- RDH.