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Technology Stocks : INFOSEEK (GO) -- Ignore unavailable to you. Want to Upgrade?


To: Gabor who wrote (7257)7/23/1998 11:53:00 PM
From: purecntry5  Read Replies (2) | Respond to of 9343
 
i hate to break the news to ya Ava, but shorts are a necessary part of the market health....kinda like all the various bacterias and micro-organisms that live in and on your body.....i have fueled many a rise with my own short covering as well as benefited from many a short squeeze on the long side!....they lend upside volatility as well as downside stability due to covering....maybe a stock you had that was falling was actually buoyed by short covering which allowed you to sell for a much higher price than if there hadnt been any shorts!...basically you should LOVE the current short sellers in any issue you buy into, they have to do something that you already did...BUY!

So iam in SEEK right now on the long side....i HATE the current longs because all they are gonna do to me is sell and hurt the price! I LOVE all the current shorts because they need to BUY helping the price! it SEEMs bassackwards, but its true. c):-)

good Luck

ۇ



To: Gabor who wrote (7257)7/24/1998 12:14:00 AM
From: Jerry Salem  Read Replies (1) | Respond to of 9343
 
Summer Fridays...hmmm.

Low volume and no pre-er runup means lack of interest.
Hopefully I'm wrong but it seems like the market is waiting
for the Deal to really show itself - like in October.
Right now, seek's site looks pretty much as it has for a while.
No news is...not news! Maybe power lunch will energize it.
Let's hope Motro is especially charismatic tomorrow.

- Jerry