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Technology Stocks : NOPT: Northeast Optic Network, Inc -- Ignore unavailable to you. Want to Upgrade?


To: J.Y. Wang who wrote (71)7/13/1999 10:25:00 AM
From: ynot  Respond to of 708
 
short NOPT 28 1/4 eom ynot ;)



To: J.Y. Wang who wrote (71)7/13/1999 10:27:00 AM
From: Cosmo Daisey  Read Replies (1) | Respond to of 708
 
J.
When asked why they took a short position that went against them most responded:
1. It ran up too much
2. I didn't think it would go any higher
3. The earnings don't support the price
4. Most shorts here are simply saying that NOPT has run up too much in too short of a time and will correct in the short-term.
5. It can't go any higher
6. I thought it was another Boston Chicken

Coz ;o)