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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 247.47+1.3%10:48 AM EST

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To: Sarmad Y. Hermiz who wrote (47743)3/29/1999 12:13:00 AM
From: H James Morris  Read Replies (1) of 164684
 
Nsol, >>March 27, 1999

Shorts target Network Solutions

Network Solutions, the Virginia-based registrar of Internet addresses, acknowledged it has become the subject of trades by short-sellers, those who sell borrowed shares on expectation of a price decline. Asensio and Co. says it is "actively engaged in short-selling" Network Solutions shares and issued a strong sell and short-sell recommendation. About 45 percent of publicly traded Network Solutions' shares are held by San Diego-based SAIC. Network Solutions' share price climbed more than 5 percent yesterday, closing at $106.50. <<
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