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Technology Stocks : Winstar Comm. (WCII)
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To: bob glass who wrote (6158)5/14/1998 4:15:00 PM
From: Steven Bowen  Read Replies (1) of 12468
 
Hi Bob,
Thanks for your info.

Regarding
"IMHO, Ms. Stephanie and her friends are going to feel the squeeze hard and fast; look for covering in a hurry."

Remember, whatever part of the 7M shorts (and probably more this month) are attributed to MS and their clients will never have to be covered (at least in the sense that they would have to buy on the open market), so we may not get the squeeze some would expect. Remember MS clients will handed shares at 20 5/8 that they will turn over to cover any shorts.
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