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Technology Stocks : Xylan

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To: Robert E. Bruss who wrote (3476)11/18/1998 5:01:00 PM
From: E_K_S  Read Replies (1) of 4135
 
Robert I think you might have misunderstood my post. The question came up that there was no stock available to short? Why? I responded that Charles Schwab had no stock to short either and XYLN already has a very large short interest. In fact there was quite a discussion regarding Xylan's short interest about two weeks ago on this thread. That is why I suggested that if one is interested in some of the reasons for the large short interest....check up thread.

I in fact I am very bullish on this company and their products. I have owned this company off and on over the last 18 months. I usually buy in the teens and sell in the high 20's. My last purchase was at $9 7/8 but sold it at $13.00 to buy CIEN at $8 1/2.

I like both FORE and XYLN. For long term holders, Xyln should do quite well next year especially with their new product transition now completed.

Good luck

EKS
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