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Technology Stocks : WCOM -- Ignore unavailable to you. Want to Upgrade?


To: Mazman who wrote (2285)3/22/1998 2:10:00 AM
From: halfscot  Read Replies (1) | Respond to of 11568
 
Mazman: I would love a pullback to 39-40 where I could jump back in but may jump in sooner. I just sold my LEAPS after buying them 9 days earlier for a 42% profit (helps make up for some of the 100% option losses-this is why I like LEAPS-gives me time in case of the unexpected negative move) thinking it was a little extended and looking for a pullback. I love this company-think it could be the next Home Depot type of success story. I would look to get back in at least a week before earnings on April 24 (I think) and will definitely be in when the merger is completed. Would expect a big pop when the merger completion is announced but right now just playing in and out based on TA after big and sudden runups.

halfscot



To: Mazman who wrote (2285)3/25/1998 8:20:00 AM
From: Mazman  Read Replies (1) | Respond to of 11568
 
According to today's IBD, short position in WCOM increased about 15% last month, from 71 million to 82 million. Does anyone read deep significance into this, other than more arbitrage play?

Also .. here's a great site for checking the short position of any Nasdaq stock (doesn't show March figures yet).

viwes.com

Mazman