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Strategies & Market Trends : Range Bound & Undervalued Quality Stocks -- Ignore unavailable to you. Want to Upgrade?

To: George the Greek who wrote (1078)	2/9/2000 11:04:00 PM
From: Esway	Respond to of 5499

The Short and the Squeeze of It By Ian Mount smartmoney.com SQUEEZING THE SHORTS IF YOU LISTEN to chat-room denizens, you get the strong feeling that short sellers are the Linda Tripps of the investing world. They are repeatedly accused of backstabbing, they rarely appear on magazine covers and they certainly don't get invited to the best parties (even after plastic surgery). It all boils down to the fact that short sellers' success is based on the misery of others. They borrow shares from other investors, sell them on the open market, and then buy stock later to replace the shares they borrowed. In other words, they sell first, then buy, in the belief ? or, rather, hope ? that a stock will see its value tumble and will be cheaper in the future.