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Technology Stocks : Corning Incorporated (GLW) -- Ignore unavailable to you. Want to Upgrade?


To: t2 who wrote (891)10/3/2000 9:09:30 PM
From: Monty Lenard  Respond to of 2260
 
It will signal the short sellers being too extended and the real sellers disappearing.

The problem is that there are NOT ENOUGH short sellers. The shorts are what supports these kinds of selloff. There are no short to buy to cover and the others are not buying.

Monty



To: t2 who wrote (891)10/4/2000 10:42:16 AM
From: Ibexx  Read Replies (1) | Respond to of 2260
 
Added significantly to my GLW position at $90 1/4. The stock may still go lower but I am happy with this price.

Ibexx