Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : NTN Communications, worth 185 million? -- Ignore unavailable to you. Want to Upgrade?

To: dwight vickers who wrote (1834)	12/30/1997 7:32:00 PM
From: Juliand	Read Replies (2) \| Respond to of 2985

Dwight - I consider myself a sophisticated investor as I am in the professional money management business. I must take offense to one of your comments regarding this notion of offshore short selling not being reported. To sell a stock short and have it maintained as a short for more than 3 days it must be borrowed. The borrowing of the stock is what gives rise to it being reported as a short sale. I know of no situation where offshore investors are able to borrow a US stock and not have it be reported as a short sale. I would like to know specifically HOW "offshore investors" are able to circumvent this. It is simply not enough to say they are sophisticated and offshore so they are able to do it. I am sophisticated and onshore and do not know how this can be done. The fact that there is no short interest in the stock further supports my point, I believe. No doubt the financing has effected the stock price but it appears it is not related to short selling but long sales from people no longer interested in holding. Not making any judgements about the merits of the deal or the company's prospects; just want to clear up something that I believe is incorrect. J