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Technology Stocks : NEXTEL

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To: Bubba who wrote (2465)10/9/1997 10:52:00 PM
From: Arnie Doolittle   of 10227
 
Dr. Bub, how do you explain the yoyo effect on NXTL's short interest the past 3 months? PITC, strypes, bonds, et al are positions that, once placed, would seemingly remain until the need for arbitrage ceased. Perhaps there's more traditional shorting in NXTL than you think.

Arnie

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