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Technology Stocks : Aspeon (ASPE) - formerly Javelin Systems

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To: Benny Baga who wrote (81)7/13/2000 8:55:26 AM
From: Alfred W. Post   of 84
 
A short seller only makes money if the stock he sold short is going down. Now ASPE has reached a long time low and the stock is just sitting around $4. And the comapany claims to have just brought out a new generatuion software which is agead of the competition. I think the chance of making money by short sales is slim but the chance of getting into a short squeeze if the fortunes of the firm improve seems great - toooooo grate for me to take such a chance. If a short squeeze should occure you would be better of being long. But I wish you good luck -I think you will need it. FRED
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