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Technology Stocks : Theglobe.com [TGLO]
TGLO 0.530+3.9%Nov 28 9:30 AM EST

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To: McNabb Brothers who wrote (162)11/30/1998 7:49:00 AM
From: Sam Matz  Read Replies (1) of 501
 
<<Can't wait for it to become shortable, for when it does I'm betting that it will take off like most other internet stocks have done when they became shortable! >>

McNabb Bros., could you please explain to me what you mean by the above statement? I am unclear. I have always thought that stocks go down when they are shorted since it means people are selling the stock. I though shorting puts downward pressure on the price. Please help me out. Thanks in advance.

Sam
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