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Technology Stocks : OnSale Inc.
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To: John Finley who wrote (3584)1/23/1999 11:20:00 AM
From: Brian H.  Read Replies (2) of 4903
 
Yes, I was listening to two traders on the NASDAQ floor after the market close yesterday and they said what we had happen was short covering in the mid-morning on a lot of the Inets, and then a re-shorting at the end of trading.

Well, I would not outright short these internets. While I think we are in need of a correction, I would never outright short an Inet. I might buy PUTS, but never short.

I personally lightened up on Wednesday and Thursday. I wish I were in total cash now, but that is not the case.

Brian H.
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