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Technology Stocks : Zitel-ZITL What's Happening -- Ignore unavailable to you. Want to Upgrade?


To: Don Westermeyer who wrote (18107)12/11/1999 8:59:00 AM
From: CMason  Read Replies (1) | Respond to of 18263
 
Don,

You may be right. I wouldn't, however, read too much into the Fidelity borrow situation, as I was entering my trades through their website, rather than phoning them into a rep. I've found in the past that I can get rejected on the site, but if I talk to a rep, they'll look outside the firm to see if they can get shares. I think the site only looks at their own inventory.

Amazing to see this one back again! "The Linux is on the desk."

Regards,

CMason



To: Don Westermeyer who wrote (18107)12/11/1999 3:03:00 PM
From: SuperValu  Read Replies (1) | Respond to of 18263
 
Don, to me it does not matter whether one makes money on a stock by being long or short. I am long and my shares are free at this point.

There are opportunities for the longs and shorts to both make money on ZITL.

I have also read that a lot of people have not been able to short this stock because their brokers cannot get shares.

This is a sure sign that there is a shortage of shares to be had. I have also heard that the Market Makers are short millions of shares. I believe my source on this to be credible. When they are forced to cover . . . well, you know what can happen to the price of ZITL.

It could potentially take off like greased lightning.

All the best,

SV