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Technology Stocks : HARBINGER (HRBC)
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To: Marty who wrote (153)7/31/1998 1:27:00 PM
From: Slim Pickens   of 402
 
Take heart, hang if you can. Take a look at the chart of one of my other holdings, COB. It got hit hard early this year, tried to recover, stalled and became a short target. Shorts ran it all the way down to 5. Couldn't break it below 5. Shorts capitulated and it bounced back. Over 8 and looking good. (Not soliciting)

Look at HRBC chart from the day it took the recent big hit. One week later margin calls spoiled the rally back to 15. Brokers give you five business days to respond to a margin call. Margin calls are still a factor and the shorts know the game. The stock is severely under valued but that doesn't matter right now. Shorts will control until margin calls have run their course. At which time it will come roaring back. I hope to be back in a big position before the run up begins. May I have 60 days please?

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