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Technology Stocks : Semi Equipment Analysis
SOXX 309.36+2.2%Dec 3 4:00 PM EST

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To: zonder who wrote (7246)11/27/2002 12:16:05 PM
From: Kirk ©  Read Replies (3) of 95521
 
I think you are mixing cause and effect.

People short because they believe a company will not do well. That is a little different than shorting the company and then hoping or working for the it to do badly.


I think I can prove you wrong with a little exercise.

Lets say you work for NVLS as the CEO. You learn your CFO thinks the stock price is too high as you just posted the other day. Next you learn your CFO went short your company stock for 2x his annual salary (assuming the law would allow this).

Would you fire your CFO?

IF I was a shareholder then I'd want the guy gone yesterday...
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