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Technology Stocks : INPR - Inprise to Borland (BORL)
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To: Cube who wrote (1154)9/8/1998 4:40:00 PM
From: David R  Read Replies (1) of 5102
 
RE: No stops BTW, because I will be increasing my short position all the way through 10 if by some manipulation it gets that far.

Every broker I know recomends stops. Actually, you do have a stop. The point at which your broker feels you can no longer meet your obligation. A short position is the only position a person can take that has no limit on loss. As the CBOE offers leaps on INPR, you might consider using puts as a short vehicle that will limit your loss. You can buy INPR jan 2000 5's for 1 3/16. You should see a point for point return if INPR drops. But, it is your call.

All said and done, I still find it interesting that you will take such risk for such a small return. Your best case scenario is 5 points (less fees).
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