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To: Bill Harmond who wrote (4360)	12/14/1997 6:30:00 PM
From: santhosh mohan	Read Replies (1) \| Respond to of 27307

<<Huh? Vinik got fired from Fidelity beacuse he got conservative too soon!>> Is that all? Was'nt there this PR nightmare where he was talking up Micron Technology while quietly selling it from Magellan holdings. Now that he is running a hedge fund he has even greater freedom to play cowboy. In the past Fidelity itself has been rumored to indulge in short-squeezes. Case in point, Chesapeake Energy had huge short-positions but was run up to split-adjusted $30+ on the underlying concept of a breakthrough in drilling technology. After reality set in, it is now a $7 stock!