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To: Lizzie Tudor who wrote (73665)8/13/1999 12:12:00 PM
From: HG  Respond to of 164684
 
Maybe they are all new techo turned investors trading ?????

The company I was talking about was Foundry. Its still private.



To: Lizzie Tudor who wrote (73665)8/13/1999 12:33:00 PM
From: Olu Emuleomo  Read Replies (1) | Respond to of 164684
 
>>>>the people on those comm equipment threads
don't seem to have any knowledge of the pain the shorts felt in the nets.<<<<

Like I told HJ the other day;

Pigs get slaughtered!

--Olu E.



To: Lizzie Tudor who wrote (73665)8/13/1999 12:42:00 PM
From: Jan Crawley  Read Replies (1) | Respond to of 164684
 
don't seem to have any knowledge of the pain the shorts felt in the nets.

Michelle, actually the long/short ratio in nets is about 5:1, which means there are 5 Longs vs. 1 Short.

There were/are some Big shorts had suffered very deep losses, but there are FAR MORE nets longs have been suffering big losses! Most of the on-line retail investors/traders are Longs. That's the reason for the almost 100% margin requirements for most of the nets


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