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.
Technology Stocks : INPR - Inprise to Borland (BORL) -- Ignore unavailable to you. Want to Upgrade?


To: Cube who wrote (1147)9/8/1998 12:05:00 PM
From: Cube  Read Replies (1) | Respond to of 5102
 
Out at 5 1/2 of my long position. Feels terrible to take a 50% loss. Started the shorting at 5 1/2. Might be a bit early, but I am afraid if this goes below 5 and becomes non marginable, shorting this stock will no longer be possible.

Hey Del, got an idea for your next job. Be the turnaround guy for McDonald's. You could change their products to a complete line of soy hamburgers. And then, since that McDonald's franchise name isn't worth a damn anyway, you could change the name to "Soygers" : you know, kind of a combination between Soy and Hamburgers. This could be big Del, really BIG!

Cube



To: Cube who wrote (1147)9/8/1998 1:55:00 PM
From: David R  Read Replies (1) | Respond to of 5102
 
Hindsight shows that even at 7 INPR was a good short, but 5?

INPR has a price/sales of 1.7. A market cap of ~280M. With revenue predictions for the current Q to move up, shorting INPR at 5 seems quite foolish. All bad news has been factored in. The only hope you have is for a bad quarter. Unless you have some insider info as to the quarter, this looks like a blind gamble. I would just take my losses, but I expect a recovery to at least the sevens where I will ba able to recoup most of my loss. If I thought INPR would touch 4, I'd sell everything now. However, we seem to have survived on major correction. Barring an additional market correction, I see the near term trend of INPR heading up.