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Pastimes : Ask Mohan about the Market

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To: Crimson Ghost who wrote (17127)11/21/1998 3:36:00 PM
From: Zeev Hed  Read Replies (1) of 18056
 
George, I was sorry for shorters of the internet stock since last November (the stock was at $50 or so) when we had people recommending shorting YHOO based on Softbank's possible (negative) position. Softbank has made a bundle, but some shorts have had to take major haircuts. Even here, a short of these stock must be very nimble, they will decline and big, but they will come back just as big until we start and have visibility who will be the survivors and who will not. If one shorts them, make sure to take profits here and there and never short these ones without a "buy stop". Just my two pennies worth.

Zeev
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