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To: Brasco One who wrote (216)	7/3/1999 3:38:00 PM
From: Chi-X	Read Replies (2) of 977

As a seasoned short seller myself, Donny, you made a BIG mistake shorting GOTO. You only short stocks when they show weakness. When they close down or near its low of the day. Even then, 1 weak day isn't a trend. Remember, the trend is your friend and for now GOTO's trend as well as the DOW and NASDAQ is for record highs. Personally, I'm long and strong. Also, this is an IPO & 95% of brokers protect their customers and themselves by not making it marginable (borrow funds to trade). You need margin in order to short this stock. While on CASH you can buy this stock and the broker won't be prone to losses, if you short sell the stock you put the broker and yourself prone to UNLIMITED losses if the stock keeps going. That's why most brokers don't allow shorting on IPO's as many go balistic and put short sellers out of business which isn't good for continued business with their firm. Just a fair warning. Long GOTO! Cheers, Chi-X hath Spoken! "There shall be no tanking until the shorts get their spakin'."

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