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Technology Stocks : ADSP - Ariel -- Ignore unavailable to you. Want to Upgrade?


To: Mike who wrote (1587)11/26/1999 4:26:00 PM
From: Glenn  Read Replies (2) | Respond to of 2263
 
Third day of a run on most stocks typically will see a big decline due to profit taking etc.
I think that the shorts should be all right by mid week.
Nice run for the longs and a bad day for the shorts. It will even out.
Congrats to the new shorts and the older longs.
Smiles,
Glenn



To: Mike who wrote (1587)11/26/1999 4:32:00 PM
From: BG Smith  Read Replies (2) | Respond to of 2263
 
Mike, unfortunately, it wasn't too volatile on Wed at @12 and several firms had it available. Wish they had told me it was about to get "volatile" lol
However, availability today was very tight. I have heard that some daytrading firms insisted that their clients exit all ADSP positions today. It has proven to be quite the gator.



To: Mike who wrote (1587)11/27/1999 2:38:00 AM
From: mchip  Read Replies (1) | Respond to of 2263
 
<<What brokerage firm will allow you to sell short a stock this volatile? Datek certainly won't.>>

Any Brokerage that still wants big smart money. ADSP is dead within the week, strong longs and weak shorts die. Can you say WhipSaw!!!