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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: garrick le who wrote (78743)	2/24/2000 3:45:00 PM
From: Jane4IceCream	Read Replies (1) \| Respond to of 108040

SMRA....think bsim deserves credit here today. I agree though with todays news out. Jane

To: garrick le who wrote (78743)	3/1/2000 11:25:00 AM
From: jlivea	Respond to of 108040

XPDR next on this list SHORTS ... explained by James Cramer!Short Squeezes and Backfired Bets By James J. Cramer 3/1/00 7:48 AM ET Now that Herb's cried uncle, it is important to recognize that many of these outsized moves are outgrowths of some of the most amazing short squeezes in history. I want to focus on four particular squeezes, where bets against stocks backfired in a big, big way. Remember, when you short stock, you have to buy it back at some point -- unless it gets delisted. In these four cases, the stocks "got away" from the shorts. They just kept climbing and climbing and climbing, causing a house of woe to be visited upon those who sold shares short. The first is Rambus (RMBS:Nasdaq - news - boards), which was effectively chronicled here -- if not predicted -- by Marcy Burstiner in our fine tech coverage. People thought Rambus would be designed out; they are in big-time. Now the stock is grotesquely overvalued as the shorts try to reel the stock back, but the longs won't let them. Second is Oracle (ORCL:Nasdaq - news - boards). People were worried that Oracle was having a soft quarter. Shorts pushed and pushed against this one, betting on some sort of negative preannouncement. Instead the company delivered on a colossal win in the B2B space. Shorts were -- and are -- being annihilated. Third on the short hit parade is 3Com (COMS:Nasdaq - news - boards). The smart money was betting that 3Com was going to have a crummy quarter, hit by Cisco's (CSCO:Nasdaq - news - boards) aggressiveness in the space. But the Palm spinoff wrecked those nightmares. The losses for the shorts here are just huge. Finally, how do you spell pain if you are short? Take a look at LHSP (LHSP:Nasdaq - news - boards). Just check out the chart. I don't need to say any more. This was a massive squeeze and it is taking people apart. Daily. I will go over this piece Saturday in depth so people understand the squeeze concept, but this is why these stocks took off. No doubt about it. XPDR STASTICS FLOAT - 10 mill max ( 8.5 mill + 1.5 mill in underwriters option) INSTITUTIONAL HOLDING = 3.5 mill SHORTS = 2.5 mill It's an accident waiting to happen