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To: Druss who wrote (74)3/5/1999 2:38:00 AM
From: Dale Baker  Respond to of 10293
 
Druss, how much downside is there from here? Beware shorting wounded stocks at the bottom. You might get filled at 6 or 6 1/2 this morning, only to see the stock bounce back on news (like the CEO being fired) in a week or two.

Cash plus a Web site plus ongoing operations don't make CPU a very attractive target, IMHO.



To: Druss who wrote (74)3/5/1999 10:25:00 AM
From: Hank  Read Replies (1) | Respond to of 10293
 
Considering the rate at which CPU has been sold off in the last week ,todays huge downside gap, and a book value of $4 and change, what will a short on CPU stand to gain now? You've already missed the boat big time from the short side just like many of us missed it on the long side. If anything, the stock is extremely oversold right now and due for a technical bounce from bottom fishers and short covering.


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