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Technology Stocks : Micron Only Forum

MU 345.82

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To: TREND1 who wrote (27073)	1/24/1998 1:23:00 AM
From: Tim McCormick	Read Replies (2) of 53903

LJD, let's not get too excited. 1. Shorts are generally more informed and sophisticated than longs. 2. Contrary to public opinion short squeezes are very rare. 3. Studies show high short interest stocks underperform the market. 4. One year ago CUBE had a similar short interest/shs. out ratio. 5. Most high short interest stocks are arbitraged w/ options or convertible debs. 6. Julian Robertson is the largest short and he has $15 Billion and a good track record. 7. Funds receive interest on stock loans and have a fiduciary responsibility. 8. Did you see IOM today? Is AOL next? Cult stocks suck. DRAM is not special. Good Luck, Tim

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