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Technology Stocks : Able Telecom (ABTE)

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To: Sir Auric Goldfinger who wrote (496)2/17/1999 6:18:00 PM
From: Questerr  Read Replies (1) of 700
 
Auric, come on buddy give it up, Nasdaq was down 65 points (almost 3%) and Able hung in there, up 7/16 or 5% for the day. Just imagine what the stock price would be doing if you weren't shorting into it? Now try to imagine what it will do when you have to cover? Maybe Asenio realizes there isn't going to be any more bad news for a while and has started to cover? Do you think he would tell you if he was covering, do you trust him? Shorts keep their cards close to the vest, you know because you are playing musical chairs, hoping Asenio doesn't sit down before you do. Longs on the other hand support building businesses, not tearing them down. It must be hard always being the cynic.

Zacks reports analyst projections, nothing more, so unanticipated extraordinary charges wouldn't show up on their radar screens. Zacks isn't in the business of interpreting #'s - they are merely a reporting agency. Litigation? Extremely common, I sue you, you sue me - so what? As a short though, you must find it fascinating. Cheers to the longs.
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