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Technology Stocks : CDWC -- Ignore unavailable to you. Want to Upgrade?


To: yard_man who wrote (61)2/8/1999 5:45:00 PM
From: dowman  Read Replies (2) | Respond to of 189
 
I have also lost on a few trades being short, so it is not all gold. This is a well run outfit, but I believe that they will not be able to keep dropping expenses faster than margins will erode. If so, long term holders will head for the exits. I think the recent very poor action may be a preview of things to come. There is also a gap in the chart around 58, and if that gets filled I think the eventual target will be the high 40's. We shall see.