SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Nortel Networks (NT)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: yzfool who wrote (3927)12/14/1999 12:37:00 PM
From: Rob Davis  Read Replies (5) of 14638
 
Hi yzfool,

I'm not sure the number of shares that are short on Nortel to put
it into the top 20 list, but keep in mind that hedge funds will
quite often short Nortel against their BCE holdings. Teleclone
is a company set up specifically to do that...they alone are short
5.2 million Nortel shares. (The "compelling reason" to do this is
to provide investors with a way to profit from increases in value
in BCE's non-Nortel holdings.)

Cheers,
Rob
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News