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To: Lucretius who wrote (1311)7/24/1998 12:35:00 PM
From: bw  Read Replies (1) | Respond to of 14427
 
$54 should be ok for short position w/PIXR, but don't count on $20. Disney purchased their shares last year for $25 and support should be strong above $30. These investors really are a little different and seem to maintain core holdings in PIXR. It is a classic case of falling in love with the company...which should provide more support to the stock price from these long-termers. Just read the PIXR SI thread for a taste of the buy & hold philosophy in action. Most of these folks didn't even take profits when the stock recently pushed $65. Also, S.Jobs is currently riding a crest of popularity with the street, and he probably won't be selling his shares soon either.
But...Me thinks it's still worth about $35...
Good luck...