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jenna

05/10/04 4:51 PM

#22875 RE: jenna #22874

C talking on continued hold, get real when it bottoms we'll buy it back a heck of a lot cheaper. Terrific breakdown of "c" and we've been touting the short side for weeks now. Targets have long since hit in the option puts and its as enjoyable as KLAC/SNDK were after their respective reports! Remember traders, this is "C", american institution what does that say for the BLIMP internet sector and those momo plays that are deflating completely with not backing like "C" has. What institutions will be buying MAMA, TASR, INSP GNTA INSP ASKJ? At least YHOO and EBAY will ultimately be bought back cheaper. Even solid building/financial/reit companies with great earnings are being shorn 25-30% so what chance has a TASR or a MAMA? Once CDCY reported badly (we knew the report was pending)so we were out, but it was downhill from there like a tidalwave engulfing CDCY, MAGS, TASR, IPIX, MAMA and the bunch of momos MUTTS without a 'pedigree'.