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To: Jan Crawley who wrote (100803)4/14/2000 4:47:00 PM
From: Eric Wells  Read Replies (1) | Respond to of 164684
 
Hi Eric, to think that I was shorting 100 shares of Rmbs above $400 and ended up as a flat trade!

Jan - I hear you. I didn't really do that well - my shorts on EBAY and BRCM were small positions and sporadic. The pain from losing money on the way up to 5000 had me too wary to take large short positions. I think that's one reason why you don't see too many bears celebrating at the moment - most like myself were probably being too cautious due to the pain suffered on the way up to catch most of the downward movement over the past two weeks. I had short positions in RMBS above 400, BRCM at 244, EBAY around 240, INSP at 130 and RHAT around 140. Did I ride all of them all the way down - no way. Wish I had. Covered most after small gains. Then rode EBAY and BRCM down sporadically - 5 points here, 10 points there, etc. I captured maybe 35% of the fall of EBAY and BRCM.

-Eric