NEXTEL Message Board - Msg: 3499935

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Technology Stocks : NEXTEL

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To: Bubba who wrote (4764)	2/22/1998 3:51:00 PM
From: Ben Wood	Read Replies (1) of 10227

Bubba ....You have stated that about 7 million shares were shorted in connection to the Strypes(MNX). .. I have found out that strypes are rare having been issued less than a dozen times. .... Who would have shorted the stock? ....When will the cover?...It doesn't seem to make sense to this novice investor for anyone to wait the two years left on the strypes to cover at a much higher price. .... I have been trying to make sense of NXTL trading 12 days virtually within a point on good volume... I just saw the movie Conspiracy theory. ...I can't help but think that this period was orchestrated for painless short covering by some Big Boys before an impending breakout....New short numbers next weekend should add some insight!! And we all thought Al Gutkin had a weird way of looking at things!!! Ben

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