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Technology Stocks : Vitesse Semiconductor
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To: Howard Bennett who wrote (440)2/9/1997 8:27:00 AM
From: Timothy Tashjian   of 4710
 
Howard, I just wanted to tell Will also be careful shorting stocks. You must have a reason for the scenario to have changed,some underlying fundamental reason,not just the fact this is so overpriced its ludicrous. Also check to see how many days short this stock has,how many shares short. Don't short stocks other people are shorting,short stocks that are overvalued and everyone is bullish,that is coming out with news that is not very good and underlying fundamentals will be changing.I have gotten killed shorting stocks,it is something you have to be right,be quick,and be first to do. Tim
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