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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Terry Maloney who wrote (75724)	2/12/2000 7:30:00 AM
From: Earlie	Read Replies (1) \| Respond to of 132070

Terry: You make a good point about the expense of reloading. Obviously the pros also think it has some problems. (g) Unfortunately, this is not a stock that can be shorted, hence puts are the only way to play. Why not short it? - The short position is huge (close to half). This is an invitation to a short squeeze. - The story is not easily disproved (at least not without some homework) - The company is not humping major debt (sigh,...can't have it all) - The float is small (large institutional ownership). Timing this dickens hasn't been easy and timing has never been a strong suit at this end. I think it is time for a bit of exposure but it's not a "mortally wounded" situation. Don't make a "farm bet" yet. Best, Earlie