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Non-Tech : Bill Wexler's Dog Pound -- Ignore unavailable to you. Want to Upgrade?

To: T-Lo Greens who wrote (2640)	7/30/1999 1:45:00 PM
From: Bill Wexler	Read Replies (1) \| Respond to of 10293

Because with a 50% margin requirement if the stock falls 3 or 4 , then the effective return is about 50% with relatively low risk and volatility. IMO, there is also a good chance the stock will collapse to 7 or so. Shorting something like JNPR right now entails an unacceptable degree of risk (at least for me). Never, ever, ever short solely on overvaluation.

To: T-Lo Greens who wrote (2640)	7/30/1999 3:33:00 PM
From: Fast Eddie	Respond to of 10293

Tony, <JNPR> is way overvalued and may get even more overvalued before it's done. It's in broadband and hot and a monster stock which can hurt you bad. I know 160+ is tempting but I would rather short it at a much lower level when it has clearly broken down. Unless you are talking a quick scalp where you take a few points from it during profit taking. The really stinky stocks are much safer shorts IMMHO Fast Eddie