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Strategies & Market Trends : Shorts waiting to happen

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To: Jeffrey Margolis who wrote (232)	7/23/1996 4:39:00 PM
From: Yo Eleven	of 852

If you are still short on Xylan, it may be time to slowly start to cover. This IBM contract is looking pretty good. Also IBM is taking a stake in the company. I heard the ATM switch may be out by late this year, if they can finish the design. There probably will be another employee sell-off around late August/September. The stock may have found a sweet spot in the 30s. Let me know if you have any differing opinions. Best wishes.

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