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Strategies & Market Trends : Shorting stocks: Broken stocks - Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Q. who wrote (1910)10/14/1998 8:36:00 PM
From: RumbleFish  Respond to of 2506
 
<<Rumblefish, re. DOCI, sorry to hear you had such a bad experience there. I think
the stock is not ideal for shorting >>

John, I only worked for them about three months before moving on to greener pastures. Working for them was just something I've filed away under the "learning experience" category. As a stock I never even thought of them. As a company they are a bunch of !#%#@%. I did make a quick run through the Yahoo DOCI board. I would say DOCI is one company that has a *bunch* of disgruntled ex-employees based on the postings there. As a stock I'll stay neutral. I don't see how a company run like DOCI can be a success but there may indeed be better short candidates.



To: Q. who wrote (1910)10/17/1998 6:04:00 PM
From: RumbleFish  Respond to of 2506
 
Strangely enough, John, the Beartracker

beatracker.com

has listed DOCI as its short of the month. With the caveat that a small float makes it dangerous. Also, a little better explanation of how things went so terribly wrong in the past year. A highly leveraged buyout of a company with decling asset values and revenues. Apparently for the total benefit of insiders. However, they confirmed what I said:



"It is not comforting to review the online posters at the DOCI message board and their
near-uniform expressions of bitterness and lack of respect for DOCI management. It is certainly a
doubtful proposition to believe anything posted on a message board. But even if only a few of
these people posting are telling the truth, then their statements about mismanagement, poor
morale, lost contracts, and the exodus of the best skilled workers suggest a company that will
experience continued sales declines and loss of business."


Except for the small float I think it'd be a great short. The possibility of getting caught in a short squeeze, however, is a little scary.