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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Voltaire who wrote (11543)	11/3/2000 3:47:29 PM
From: CAtechTrader	Read Replies (3) \| Respond to of 65232

Tom, I agree with your move completely. We have sold some of the very cheap EXTR we acquired last week and Monday and put the money to work in RMBS. All of our concerns have now bee allayed. There is no doubt now as to RMBS's IP rights, others will now have to quickly fall in line. INTC may not like RMBS, but they have to have them, much like how I view it shall be with NOK and QCOM. The short interest in RMBS is huge and an enormous squeeze may be at hand. I believe the INTC FUD earlier this week was spread by the houses who knew about the news to come, they got RMBS on the cheap and are on the side of the angels now in squeezing the shorts and we all know what a RMBS short squeeze looks like. Monday will be margin call time for the shorts...we for one intend to keep the buying pressure on the shorts all we can. We will not let them out of this trade cheap.