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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: Anthony@Pacific who wrote (22984)	3/22/1999 10:42:00 AM
From: surelock	Read Replies (1) \| Respond to of 122087

Anthony, >> A short isnt initiated soley by price.. I reshorted SEVL based on the fact that they it ran up because of the following two releases: biz.yahoo.com biz.yahoo.com The stock had dipped below $5 in early trading Friday when rumors of the second release above caused a rally up to $6.75. So my decision this morning was to sell the already discounted news. I like the fact that they lose money, have a book value of $.03, and have caused significant dilution with convertible preferred stock. I had a look at the trading for the last year, and couldn't find a time where the stock has been up for more than two days in a row, lot's of spikes but never any sustained moves. And in case I am early, I took a partial position. Out of curiousity, can anyone give me an example of a company which has actually made money selling educational software as a stand-alone business? SH