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To: moose who wrote (8094)2/6/1998 7:24:00 PM
From: Bob Kimball  Respond to of 152472
 
I was short until this morning. Good time to pocket profits, just as longs do after explosive bursts up. There is good chance of a modest technical bounce then another drop off. Plenty of time to reinstate a short, and I agree there with some other posters that there is plenty of downside room, at least to 36. BTW, you don't have to hit the ask to short. Your order has to go thru on an uptick, that's it.



To: moose who wrote (8094)2/6/1998 7:26:00 PM
From: Skeeter Bug  Respond to of 152472
 
moose, when you short you sell at the bid and then buy back at the ask.



To: moose who wrote (8094)2/6/1998 7:43:00 PM
From: Jeff Jordan  Read Replies (1) | Respond to of 152472
 
. I don't see any reason why the shorts
would cover now.


If I were short I know I would! We must not be being told the whole story? 60 MIL. big deal? Why the warning? If they sign another deal for that amount you think the stock will jump 8pts? I'm buying now. Clearly over reaction. But WS hates when companies warn. I just sold @ 56..I'll take this 8pt discount.

This chart doesn't show todays close but its informative.

207.95.154.130

Jeff