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Strategies & Market Trends : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?


To: Bill Wexler who wrote (3176)9/30/1998 10:30:00 PM
From: Gary M. Reed  Read Replies (3) | Respond to of 4634
 
Bill, can you please explain to us why DTLN is your #1 short selling idea? It is up about 3 points from where you were first spreading your drivel on the Yahoo boards. Please tell us what you know that everyone else doesn't know. And please, no generalizations or baseless statements such as "the stock is inflated because of buyout hype"--I want to know concrete facts about why no one would bid for this company. You made the exact same mistake shorting TCOMA, only to see them get gobbled up by AT&T in a simular buyout deal.

One would think that it is highly dangerous shorting a stock while they are in the middle of buyout negotiations. Shorting a stock at $27 and then waking up the next day to a $45 buyout could be very hazardous to one's portfolio. I would just think there are better short sale candidates out there than a company who is legitimately in play in takeover negotiations.



To: Bill Wexler who wrote (3176)9/30/1998 10:52:00 PM
From: Peter V  Read Replies (1) | Respond to of 4634
 
Geez, I make a couple of market direction comments and now I'm sobbing and whining? I think COST is a good long. But I also think it might be slightly cheaper in the short term. So far, I've been 100 percent correct. <GGG>

But as someone said to me recently, when NEM trades at $60, will it matter that much if you bought it at 18 or 20? Probably not.



To: Bill Wexler who wrote (3176)10/1/1998 11:48:00 AM
From: Hank  Read Replies (1) | Respond to of 4634
 
Meanwhile, the price of COST continues to slide. It is now down over 3 at 44. It seems one CAN predict the short term movements of stock prices. My $40 target is looking like a sure thing with $36 very possible. I am 100% correct about the short term price movement of COST and I continue to be patient and wait for the best price. I suppose you are one of those people who walk into car dealerships and pay whatever the sticker says for the car you want? Face it Bill, you are pissed because you are now down almost 15% on your COST purchase. Think of all the extra shares you could have bought had you listened to me and waited.