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Technology Stocks : First Virtual Corporation (FVCX)
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To: QuietWon who wrote (226)10/4/1999 7:25:00 AM
From: Douglas Hayman  Read Replies (3) of 323
 
QuietWon,

I believe the short-interest rise is from lack of education.
The short interest is probably due to some investors' belief
that the major run-up of FVCX of late, is due for some
correction, given the large percentage increase over the last
1-2 months. Needless to say, I think this months' earnings,
coupled with the alleged imminent signing up of QWST, will put
these "shorters" out-of-business.

Remember, by definition of a market, there are winners and losers
all the time. I firmly believe that the Shorters will be the
losers here. Unless I'm truly missing something here, FVCX is
poised for some large gains in the next 3-6 months, given a
cooperative market (i.e., lack of a Y2K crash).

Doug
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