Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?

To: uu who wrote (13134)	1/5/1999 4:27:00 PM
From: Dale J.	Read Replies (2) \| Respond to of 64865

Hi Addi, Looks like you guys are having quite a party! I think I uncovered a minor flaw in my investment model. I forgot that investors are not always rational. I need to factor that variable into my investment equation. I hope you were smart enough to bail out before the close. Dale

To: uu who wrote (13134)	1/6/1999 2:00:00 AM
From: Alex Chun	Read Replies (2) \| Respond to of 64865

Addi: If a stock is a good short at $X, it is not necessarily a good short at $(X+Y). Why? Because a) the fundamental picture may have changed (as Sun's certainly has since Dale shorted at $68), and b) the technical picture is certainly different at a different price. In addition, the marginal value of stock goes down after a certain point. Another share of XYZ -- long or short -- is no good if you can't buy groceries. -Alex P.S. Dale, please don't misconstrue me; I am not defending you.