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EMBTE Message Board

  • bearofbleecker bearofbleecker Nov 6, 2001 5:53 PM Flag

    In retrospect, ...

    ..wouldn't it have been better to be buying to hold at 7, rather than covering your short? Back on 9/19, you were predicting that it would go below 5 in October. At that time, I offered my opinion that this stock would see 20 before it would see 5. By your own schedule, weren't you a bit premature covering at 7? Nevertheless, since you were so prescient as to cover at the very instant where the downtrend reversed, my congratulations. Will you let us know when you're covering your short at 14 so that we longs can add to our position? By the way, if you think there's a chance that it will go to 20, as you seem to suggest, shouldn't you join us? Personally, I am betting that since EMBT's last quarter was hurt by the WTC event, some of those earnings will shift into this quarter. I expect we'll have some NASDAQ profit taking in the smallcaps soon and that we
    may see this in the 11-12 range again. But I think that the trend here - and the opportunity - are clearly on the long side.
    I think this is a good company with good products and excellent longterm prospects. Aside from the obvious spam on this board, which Oracle has now brought to a new level with his/her racist remarks about fortune cookies, I have seen nothing to convince me otherwise. (Incidentally, since Steve Wong "doesn't know shit about technology", Oracle, isn't he lucky to have built a successful and profitable company and made himself and many others rich? Refresh my memory about your accomplishments.) It seems clear to me that the shorts on this board, while always professing inside knowledge, have no substantive reasons to doubt the longterm success of this company. Rather, they are just trying to make a buck off the volatility of EMBT. This is perfectly okay with me, as long as they don't stoop to lies and racist slurs.

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