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Strategies & Market Trends : Roger's 1998 Short Picks

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To: BDR who wrote (15433)11/12/1998 11:49:00 PM
From: Don Westermeyer  Read Replies (1) of 18691
 
You are right. There is nothing unique about AVCO and the ASDL technology they use.

I can assure you that if I can get it in the middle of Iowa it is pretty much every where! (You need to be within 3 miles of the phone company's central office).

I see it traded as high as $38 (after hours?). I feel real sorry for the fool that bought those shares. Well, not real sorry. Some market players have turned into real idiots. No doubt there will be a long line of short sellers trying to get that stock tomorrow.

I thought short squeezes in AMZN were bad - now short sellers need to worry about moves that are measured in 'orders of magnitude'.

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