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To: LoLoLoLita who wrote (7790)3/4/1998 1:55:00 PM
From: Keith J  Read Replies (1) | Respond to of 27307
 
David,

Are you now short both XCIT and YHOO, or short XCIT and long YHOO? I'm short YHOO, and long XCIT. Hedging based on valuation difference between the two companies. Not based on fundamentals or my perception of what level these stocks should trade at.

KJ