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Technology Stocks : Excel Communications -- Ignore unavailable to you. Want to Upgrade?

To: McNabb Brothers who wrote (2390)	12/15/1997 9:56:00 PM
From: Carlson	Respond to of 2806

Hank, I would be curious to know if you use technical or fundamental analysis as your criteria for selecting your shorts. Do you have a predetermined point that if the position moves against you a certain percentage that you cover your short. Also do you buy calls to hedge your position. I would like your thoughts on this and what you do on this particular trade of ECI. If you have any books that you would recomend on short sales I would very much appreciate it. I know some investors probably have tax losses in ECI at this time which may cause some selling pressure before year end.