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


To: Q. who wrote (631)1/7/1999 7:20:00 AM
From: Dale Baker  Read Replies (1) | Respond to of 709
 
How are you playing this, short right away or wait until closer to 2/12? After watching BNGO tank on the BNGOW call in late 1997, I am very interested in getting on the right side of this deal.

December short interest was about 800K so there should be some left. I will try at E*Trade today.



To: Q. who wrote (631)1/7/1999 7:32:00 AM
From: Anaxagoras  Respond to of 709
 
Re: AMEN

Get ready for an extrapolation of the flimsiest kind: expect next quarter's revenues to be sequentially lower than Q3. Hey, it's based on two data points, it's gotta be right! (Well, that's more firmly based than a lot of the crap I read on SI.)

Notice that the last two years Q4 has been sequentially weaker than Q3. That's kinda weird, but then again I know virtually nothing about the company. Something to think about possibly when they report this time.

Anaxagoras