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Technology Stocks : Aspeon (ASPE) - formerly Javelin Systems -- Ignore unavailable to you. Want to Upgrade?

To: Benny Baga who wrote (81)7/13/2000 8:55:26 AM
From: Alfred W. Post  Respond to of 84
 
A short seller only makes money if the stock he sold short is going down. Now ASPE has reached a long time low and the stock is just sitting around $4. And the comapany claims to have just brought out a new generatuion software which is agead of the competition. I think the chance of making money by short sales is slim but the chance of getting into a short squeeze if the fortunes of the firm improve seems great - toooooo grate for me to take such a chance. If a short squeeze should occure you would be better of being long. But I wish you good luck -I think you will need it. FRED



To: Benny Baga who wrote (81)7/21/2000 5:16:43 AM
From: Alfred W. Post  Read Replies (1) | Respond to of 84
 
Being long ASPE I am sorry to admit that the short sellers seem to be right and we the long holders are holding the bag. With the firm just anouncing that they will disapoint again when the report comes out, there does not seem to be much hope that my prediction will be correct. But should one now sell??? Fred Post


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