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   Technology StocksMicroStrategy Inc. (MSTR)


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To: coachbobknight who wrote (443)3/20/2000 1:25:00 PM
From: options101
   of 712
 
coach, be a bit tolerant and let us grief about this bad luck with some respect. Some of us got to it because of friend recommendation on their products and not a momentum play... This financial fiasco could have happened to any of these crazy stocks.. Nethertheless this really hurts!!!!

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To: coachbobknight who wrote (422)3/20/2000 1:26:00 PM
From: get shorty
   of 712
 
Coach!!

What an awesome play! After you posted the Forbes link I thought I might have the cajones to go short but ended up sitting on my hands. Uggghh! Congratulations on an excellent trade!

Best Regards,
-shorty

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To: coachbobknight who wrote (443)3/20/2000 1:27:00 PM
From: Brasco One
   of 712
 
coach, i think there is a good chance they will cancel the 2ndry. we should see 80s on this pig soon. good luck all...

ppro will have its day too...one day...

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To: options101 who wrote (444)3/20/2000 1:36:00 PM
From: coachbobknight
   of 712
 
i have some sympathy, but honestly, do you suspend all rational thinking when you buy a stock...??

you will learn from this...perhaps it will make you a short seller...my conversion to the short side was initiated 3 years ago by a 71% 1 day drop in efii...

always buy stocks after they have corrected...you should never buy as they are spiking...

they were trading at 1,000 times revenues if i am not mistaken...did you know that ibm trades about 4 times sales...

you will benefit from this learning experience in the long run as you will always remember the pain...this pain will prevent you from making this mistake again...

the market can be very dangerous...

i do feel compassion for you and i wish you well,

regards,

steve

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To: treetopflier who wrote (331)3/20/2000 1:40:00 PM
From: Brian Moore
   of 712
 
TT, heard the news?

quote.yahoo.com

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To: Beltropolis Boy who wrote (432)3/20/2000 1:50:00 PM
From: LTK007
   of 712
 
<<yo, Turs: in NotNeiderhoffer parlance, is dis another one of them infamous intraday two-fer-one splits?>> that is what i thought it was when i first saw a quote running running running across the CNBC screen this morning,it was at 113---so i check and see it was 226 on friday,and i say,ah it is just a split:) they better get that ticker straight:) LOL! PAXMAX

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To: Alex Engelgardt who wrote ()3/20/2000 4:17:00 PM
From: dr. z
   of 712
 
What happened to this stock today and why? thanks

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To: Beltropolis Boy who wrote (432)3/20/2000 4:24:00 PM
From: Turs
   of 712
 
Boy does this feel GOOD! I had given up on my April puts that were bought in late January. But last week, after watching the stock triple in two months, I just couldn't stand it anymore and I bought some more puts (July 175). Made 9-fold on my money today! I just can't believe how many people were enamored of this thing. Moreover, the message being communicated by the company and the press is that it's just a revenue recognition thing related to timing. THAT'S NOT THE BIG DEAL. The big deal is whether the revenue is legitimate at all. Swapping floppy disks shouldn't count as revenue and certainly shouldn't be valued as highly.

Either way, we all knew it was just a matter of time before MSTR couldn't get some sap to enter into one of these arrangements at the end of the quarter so the company could make its numbers. I'm surprised they didn't cite Y2K as a culprit!

Congratulations to all who were patient with this hollow POS. Cash in and go buy yourself something nice.

QUESTION OF THE DAY: Does the stock keep falling or is it done? I think it's probably worth no more than 10-15X revs and there isn't a helluva lot of confidence as to what those revs are. But my stab is that revs this year won't exceed $225m, making proper valuation about $2.5 to 3 billion, or about $50/share. NO ONE will want to get involved with it so it's going to get painfully oversold as well. Any one else have thoughts?

Turs

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To: coachbobknight who wrote (405)3/20/2000 4:26:00 PM
From: Turs
   of 712
 
Coach Knight - How do you know PBHG sold their position? Are you sure they didn't just cut a little back. Just last week, I think I read that they loved it.

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To: Turs who wrote (451)3/20/2000 4:27:00 PM
From: Probart
   of 712
 
Wow, MSTR number one on the Hot Subjects list, any idea why? <g>. eom

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