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Technology Stocks : The Panda Project (PNDA)
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To: ralph keating who wrote (1228)4/14/1998 4:42:00 PM
From: Mama Bear  Read Replies (2) of 1521
 
Unfortunately Datek does not allow boxing. Had this position occurred in my Waterhouse account I would have done so. Unfortunately, Waterhouse would never have found me shares of PNDA to short. So, without more capital to open a second Datek account, my options were limited. I don't see a turn around as likely, but who's to say it won't jump back over 5 or 6 on some more fluff? Did you think it could hit 7 1/4 last week? Either way, I'll be happy with my 15%+ profit in less than 2 weeks.

No, I passed on buying KTEL at 9 <scowl>. I will be thinking of shorting it in a couple of days, but that 900k float urges extreme caution. SIEB was a long way up before being ripe to short.

Barb
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