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Technology Stocks : Read-Rite

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To: Tom Simpson who wrote (3541)6/13/1998 3:23:00 PM
From: Sherwin Reiff  Read Replies (2) of 5058
 
Just curious. Why do you want to wait for the price to get to $2.50 before you start making money? Couldn't you just sell a few thousand shares short at $6.75 first thing Monday? Then when it hits $2.50, you'll have 170% more money to buy your "long" shares with. Are you planning on doing this?
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