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To: Olu Emuleomo who wrote (25968)12/21/1997 8:51:00 AM
From: McNabb Brothers  Respond to of 176388
 
Olu,

Same thing that has been said about a lot of very over priced stocks that we shart shorting and have to continue to sell more of as they go up! Remember PRST, we short that one at $140 pre-split and rode it to $200 and sold more as it went up! Then there was ZITL that we started shorting int the low 30's and continue to sell as it hit $72! Just two examples to show you that we are not the best at picking tops, but have the margin to stick with our beliefs! With it being at an all time high will allow us to make money in other shorts now and will be able to move some of that profit into other things latter on such as YHOO and AOL as examles! Believe it or not, but we do not want to see a market crash, for we do better when there is a rolling correction amoung stocks and stock sectors! Thanks for the warning!

Hank