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Technology Stocks : AboveNet Communications, Inc. (ABOV)
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To: stock leader who wrote (224)3/31/1999 9:18:00 PM
From: Tom Hua  Read Replies (2) of 835
 
Hey leader, I know darn well the short squeeze factor, and that's why I feel pretty comfortable with my short. This stock did not have a huge existing short interest. It was mostly a short term squeeze. The short daytraders are squeezed out and momentum daytraders have a ball. I'm a position trader and have plenty of margin power to ride out the short term volatility. Once the squeeze is over, who's gonna support the price? We'll see a free fall.

Regards,

Tom
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