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Technology Stocks : Wind River going up, up, up! -- Ignore unavailable to you. Want to Upgrade?

To: tom ablett who wrote (9298)	3/6/2001 10:25:01 AM
From: unclewest	Respond to of 10309

i figure there are about 3 million shorts hung in wind. with a meager 160,000 shares traded so far...they have a big decision coming up. that 30 price target is looking mighty weak. imo some are going to wish they covered at 30.

To: tom ablett who wrote (9298)	3/6/2001 11:01:41 AM
From: Peter Church	Read Replies (2) \| Respond to of 10309

Hi Tom, The Puts could have been purchased as insurance for a long position and then distributed last week without affecting the open interest figure. Have you ever seen the open interest decrease during the life of the contract? I haven't. Once they are born, options live on until they die at expiration regardless of the stock price. Thanks for the TA input. It looks like we are on a roll here!

To: tom ablett who wrote (9298)	3/8/2001 10:48:00 AM
From: mac	Respond to of 10309

re puts and shorts: It was great 2 years ago when Landis of Firsthand funds took a huge stake in WIND. The downside of that move is that there's a lot of talk now about hedge funds shorting Landis' stocks (as well as Janus' and others ) in order to force redemptions and cause him to sell these stocks. They are hoping for a viscious spiralling effect of shorting begetting redemptions begetting selling begetting redemptions etc. Unfortunately WIND is now probably bunched in with PMCS, JDSU etc. as good short candidate for just this reason alone.