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Technology Stocks : Echelon Corporation (ELON)
ELON 21.88+10.1%Oct 6 5:00 PM EST

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To: Nichols who wrote (1346)3/12/2000 3:24:00 PM
From: Roger A. Babb  Read Replies (1) of 3076
 
Nichols, my SEBL short makes sense only in that I have a very large insider position in FSTW (I am a director) and I need a hedge against a potential retreat in the CRM market sector. Also some PR value to be shorting our major competitor. I am short SEBL at an average of $138 and happily losing money on SEBL as FSTW has moved up along with SEBL. A special situation for me, anyone else should take care in shorting SEBL.

As I mentioned in another post, I tend to hold shorts for months unless I get stopped out.
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