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Technology Stocks : CyberCash a buy?
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To: Kevin who wrote (2620)1/8/1999 2:43:00 PM
From: Paul Weiss  Read Replies (2) of 3990
 
A couple of months ago, I became concerned about the market and liquidated about 1/3 of my portfolio. Much of that cash went into CYCH this afternoon. This is NOT meant as a short term play. This increases my position significantly. Occassionally I will take an unusually large position in a company... when I believe that the market either underestimates or misunderstands the company. Regarding the short position in CYCH: not an issue, so don't invest in this equity hoping for a short squeeze. Short positions are less than in recent months; with a long term perspective the wavering short ratios are mere blips. Regards to all, long or short, Paul
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