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Technology Stocks : Lightpath Technologies: LPTH New WDM player
LPTH 6.8000.0%11:27 AM EST

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To: Grantcw who wrote (352)1/16/1998 11:43:00 AM
From: craig crawford  Read Replies (1) of 1219
 
I tried one of my other brokers and discovered that FIBR was shortable. Of course that was a 10 or 15 minutes ago when it was higher.

The reason why I haven't shorted FIBR the first chance I got is due to 2 reasons.

A) I haven't paid too much attention to the company lately so I have yet to uncover how mangement is hyping up the price this time

B) Since I haven't discovered the impetus for FIBR's move I cannot determine when it will cease to occur.

I need to know those two things before shorting it. I will spend a little time looking into it.

BTW, I'm happy that you are making money on FIBR. I don't wish for FIBR followers to lose money. (Except maybe Barb! who needs to be taught a lesson).

I'm happy you stumbled upon FIBR around 2 1/2. Just remember that many FIBR followers are involved with this stock at prices closer to 10 or 20 so 4 3/4 only lessens the sting. Any company can make their stock soar temporarily. Let's see how long it lasts.
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