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To: Jim Cash who wrote (3259)2/5/2000 12:07:00 AM
From: Candle stick  Respond to of 4443
 
Great article Jim. Auric, could this be you?...;) read the excerpts below everyone, please. From the Small Cap Digest, by Richard Giest:

These fury pessimists [short sellers] do serve a useful and legitimate purpose. They
correct excesses in the stock market and often call attention to some of
the shenanigans that plague our free market system. In fact, specialists
could not function without the capacity to short stocks. Shorting is an
emotionally manipulative device-where short sellers not only bet
against the success of a company, but through rumor and innuendo, do
their best to discredit management and others associated with a
company. It is a process subtly carried out by a small minority of
investors with the conscious intent of influencing stock prices through
manipulating our emotions. Internet chat boards are a prime place for
such manipulation.


....and this:

For these
short sellers often pick on small companies who have yet to produce
significant revenues and earnings. It is up to us to recognize the
psychological forces at work, and this is very difficult to accomplish
when we're nervous about a down market.

....this entire article can, and should be read, here:

smallcapdigest.com