SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Netscape -- Giant Killer or Flash in the Pan?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: George Bielski who wrote (3970)8/6/1998 12:19:00 AM
From: Bill Haines  Read Replies (2) of 4903
 
George,

Shorting 6 million shares so you can purchase 98 million shares at a lower price makes good business sense. The rise in price a month ago on takeover rumors might have delayed a deal that was in the works. The buyer would then wait to have the stock fall and might actually short it to drive the price down. Don't know if this is true but at least it is plausible.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News