ZORAN jpeg/dvd moguls Message Board

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Technology Stocks : ZORAN jpeg/dvd moguls

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To: Richard Tsang who wrote (1286)	7/1/1998 8:11:00 AM
From: Pullin-GS	Read Replies (2) of 1486

I think that zoran had established a new low resistance (as of last week) @ 11 1/8 when it had tested that before. On the next available opportunity I covered at this level. IMO so did allot of other shorts. We had a short squeeze, or else a positive news leak that we dont know about yet. As far as why I shorted, you can read my previous posts explaining my position. I was the lone bear on the thread at the time, but I did manage to clear 1 1/4 from the 1st short. I screwed my entry in the second short though...and almost got stopped out. We may even gap up some this morning :-( Regards.....

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