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To: Stuart Steele who wrote (38100)3/14/2000 2:32:00 PM
From: Don Green  Respond to of 93625
 
Stuart>I bet the short position will be under one million shares.

Why, do you think that?

Don



To: Stuart Steele who wrote (38100)3/14/2000 9:46:00 PM
From: Jdaasoc  Respond to of 93625
 
Stuart:
I bet the short position will be under one million shares
I believe shorts collectively treat short loan like a credit card balance. On Feb 10, value of short position was $784 M. So I assume that short interest value will be above $800 M or about 2 M at 421 closing price on Mar 10. Those courageous souls who recently shorted @ 400 definitely think they got money in the bank with their short position. Boy do they have a surprise in store for them.

I think Victor's prediction of about 1999 brcm type return over next year is in the ballpark of what to expect. Do you venture to give a guess or are you still over 5% and unable to comment additionally.

all stock covered long but tons of premium cash to invest when we get an undervalued dip.

john