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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: Ed Forrest who wrote (55900)	10/10/2001 8:57:49 PM
From: Eric	Respond to of 77400

Just got this from WSJ and thought it would be interesting. October 11, 2001 Increasing Short Positions Can Be Ominous for Stocks By PETER EDMONSTON THE WALL STREET JOURNAL ONLINE Time to buy some beaten-down shares? Consider this short word of caution. Shorts are investors, most of them professionals, who bet the price of a stock will go down. To short a stock, an investor sells shares that are on loan from a brokerage firm or other lender. The short-seller eventually must buy the stock in the open market and return it to the lender, known as "short covering." If the stock price declines during this period, the investor books a profit. This strategy is often too sophisticated or distasteful for the average investor. But would-be bargain hunters might want to take a long look at "short interest," a measure of how many investors are betting against a particular stock. "It is a very meaningful tool," says Luciano Siracusano, editor of ShortInterest.com (www.shortinterest.com), an online source for free data about short-selling activity. "In terms of red flags, one of the first things I look for is an increase in the short position." interactive.wsj.com

To: Ed Forrest who wrote (55900)	10/11/2001 1:04:24 PM
From: larry	Read Replies (1) \| Respond to of 77400

Ed, I hope that every one enjoys the sporadic bear market rally. It's a wonder that happens every 4-5 months. This is much more exciting than those silly no brainer bubble days because the latter provides no thrill any more. Cashed out of the GLW stock (not options) just right now for a silly 20% gain in two days. Stupid market. I guess that we will rally randomly until it runs out of gas. Then it will see that the promised recovery no where in sight, then...Well, NAZ will see 1000 before it sees 5000 again. I think that I can live to see that it hits 5k again, even if it takes 50 years.:) Good luck, every one. BTW, another 10% rally in the bubble king, I will initialize a big put position on Mr. Chambers. Go CRISCO! Kill the shorts!:) larry