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To: STOCKMANDAN who wrote (4854)3/17/1999 5:37:00 PM
From: Ahmad Sinno  Read Replies (1) of 5300
 
Stockmandan,

As long as you are raising an intellectual issue, I would like to contribute my two cents worth. I don't think that it is the shorters that cause a stock to drop, it is the company's performance that does. If a company is taking a beating in the market place, it's stock is going to drop vis a vis its competitors. All shorters are doing is try to take advantage of a situation.

Regarding your other point that investing this day and age resembles gambling more than true investing, I totally agree with you. Witness the increased volume of option trading and other similar trading vehicles.

If I understand you correctly, you imply that shorting is immoral (maybe immoral is a strong word). If that's the case isn't option trading the same ?

For everyone: To keep the level of noise down, please spare me and everyone else on this threads, flames, condescending comments and insults.

Ahmad
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