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Technology Stocks : Adaptive Broadband (NASDAQ:ADAP)
ADAP 0.0502-1.2%Oct 31 9:30 AM EST

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To: Eric Mason who wrote (165)10/27/2000 8:11:09 AM
From: Bosco  Read Replies (1) of 215
 
Hi Eric - tax loss selling is likely restricted to retail customers. My theory is that there won't be much of it happening this yr b/c many [myself included] got burnt so bad by Naz that we have accumulated enough realized tax loss due to SL and/or margin calls that there won't be much gain to offset! Just a theory though.

Looking at the volatility of ADAP, there seems to be quite a bit of shorting --- didn't check the data, so it is just a hunch --- if Naz rebounds sharply toward the election, ADAP may have a decent chance. 44 may be tough though, too much overhead in the 30s

best, Bosco
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