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Technology Stocks : WavePhore (WAVO)- VBI fed WaveTop for WebTV

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To: AJ Berger who wrote (2030)12/1/1998 8:48:00 PM
From: ilh1  Read Replies (1) of 2843
 
Selling Short

Lots of Short Sellers get very nervous when these Internet Stocks come into full view and attention of mass investors.

It is for the most part, a short seller's worse fear, because these stocks can run to unreasonable levels with no guarantee of returning to their original low position, then couple that with the fear of a Margin Call by Brokers, and these stocks can be an absolute nightmare to short sellers.

For there price tends to run high from investor interest and then at time even higher because short sellers are forced to cover.

In short, shorting Internet stocks is now very risky business.

(WAVO has 2.22 million short shares as of Nov 9th)

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