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Strategies & Market Trends : SPARKY'S CORNER -- Ignore unavailable to you. Want to Upgrade?

To: Bruce A. Brotnov who wrote (3598)	9/4/1998 12:21:00 PM
From: Walk Softly	Read Replies (1) \| Respond to of 4142

Jim and Bruce... TXCC bounced back off its highs... I was lucky to short near the top... now here's another formula for shorting... bad market, terrible sector, pe>100... nice growth story but, geee it would be a nice growth story if the stock was seeling at 8.... or 4.... but at 19 this baby had the bloat of a dead fish in the hot sun.... and the reek also.... really can't imagine who bid this one up.... if CSC can't fly on orders that dwarf annual TXCC revs, one has to ask how is TXCC able to support these share levels??? Totally agree with Jims formula for shorts.... especially in a sector that is rolling over.... ES