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Technology Stocks : America On-Line: will it survive ...?
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To: James F. Hopkins who wrote (3886)7/9/1997 11:06:00 PM
From: steve lipson   of 13594
 
Jim

Wouldn't it be funny if a lot of that short interest was AOL insiders
selling short against the box to lock in values of their future stock
options.

From what I read, short interest is no longer a clear indicator because
of all the sophisticated options and hedging strategies being employed.
So many of the sales now can be offsetting some other risk or position, rather
than an old-fashioned bearish bet.
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