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Technology Stocks : Semi Equipment Analysis

SOXX 306.28

-1.0%

4:00 PM EST

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To: AJL who wrote (7233)	11/27/2002 10:18:56 AM
From: zonder	Read Replies (1) of 95521

OT - my two cents re "shorting is un-American" >>is there not then a naturally inherent desire to see negative publicity on a company that you are short, to see things begin to unravel causing the stock price to fall, the further the better Probably. But stock prices do not follow wishful thinking, you know. So if I short QQQ and wish it would go down 20% overnight, it is not really a crime since it will not affect anything. >> that seems "un-American" or at least unpatriotic I am not American, and I often have trouble understanding why you guys deem certain things "un-American". This is one of the most puzzling examples, and that is against some competition. You see there is excess capacity in telecom, there is a new technology called DWDM that allows for multiple traffic on a single optical line so investments will never get to where they were, and telecom carriers are popping right and left. Now if you sell calls on telecom equipment stocks, how is that un-American? Or how is buying those dogs and losing money American?

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