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To: Chung Lee who wrote (100845)4/14/2000 7:41:00 PM
From: GST  Read Replies (1) | Respond to of 164684
 
Chung: I think she was trying to save her reputation as the market was set to tumble -- and in doing so she was setting up a shorting opportunity. There must now be a pretty large short position -- look at how large the short position was to begin with. When the institutions start buying again their favorite stocks will soar and the shorts will cover. For now they are braced for redemptions.