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Technology Stocks : Silicon Graphics, Inc. (SGI) -- Ignore unavailable to you. Want to Upgrade?

To: Larry Brew who wrote (10989)5/20/2003 2:08:05 PM
From: Ms. Baby Boomer  Read Replies (1) | Respond to of 14451
 
If Moi were U, wouldn't assume that # is accurate...

as Hedgies aren't required by law to disclose their positions....;)

M



To: Larry Brew who wrote (10989)5/20/2003 2:15:32 PM
From: Don Green  Read Replies (1) | Respond to of 14451
 
Larry

Generally traders don't bother shorting a stock when it is near a $1.00 a share. They short it after it rallies quickly from $1-4 or higher. Because keeping the momentum is the problem. I doubt SGI is on too many traders radar. Too many other canidates out there to bother with SGI. Traders want to short hard to justify high fliers, not dogs.


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