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 : Data Race (NASDAQ: RACE) NEWS! 2 voice/data/fax: ONE LINE! -- Ignore unavailable to you. Want to Upgrade?

To: Don Hood who wrote (31959)	4/6/1999 1:07:00 PM
From: Mama Bear	Read Replies (2) \| Respond to of 33268

Don, short sellers do not destroy. If a company is viable, it will succeed despite how the stock trades in the secondary market. However, there are companies that are bound for failure. They will fail regardless of how the stock trades in the secondary market. Short sellers provide a valuable counter balance to those who hype stocks. There would be no motivation for short sellers to expose hypesters if there were no money motive, IMO. It gets kind of maddening when folks talk about having 'done their dd', as if the short sellers have not. It is ridiculous to think that WON or Peter Lynch would have bought shares in a company like RACE. WON needed earnings momentum, not pie in the sky promises. Peter Lynch recommended buying that which you know, but he also required a fundamental backdrop before making his purchases. As far as long being superior to going short, there is no reason why one can't do both in the same portfolio. Doing so lessens, not increases market risk. Barb