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Technology Stocks : IDTI - an IC Play on Growth Markets -- Ignore unavailable to you. Want to Upgrade?

To: William B. Kohn who wrote (6482)	2/11/1998 9:58:00 PM
From: Hippieslayer	Read Replies (2) \| Respond to of 11555

I have mentioned it before, but I work in a subsegment of wall st called Securities lending. I help brokers via their stockloan departments, borrow stock for various reasons, though I never know why they want to borrow the stock. I do know that sometimes many brokers want to borrow stock to cover short positions. Though there is no way of knowing if a stock that is wanted will actually go down when a broker asks for me to find some for her--many times the stock will actually continue to go up when everyone thinks it will go down so it's no where near an exact science--I'll be very alert when people start asking me to show them IDTI. And like I said, if idti were to go to 30 tomorrow, you can bet that there will be many brokers who will want to short it. But that doesn't mean that IDTI will sink-even though I know that IDTI will soon retest it's lows and see 5 shortly as I sell my wife and kids and use the money to short it.:-) Sorry, i didn't proof read this so there might be mistakes.