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To: Roger A. Babb who wrote (5358)3/26/1998 8:05:00 AM
From: David Lawrence  Read Replies (1) | Respond to of 9068
 
It's hard to argue with shorting at this level. It's not nearly a likely to run away from you as it was back in the $30s a couple of weeks ago. As a matter of fact, it'll soon reach the point where I'll write calls against my position. However, I think the coattails from 'Softy's positive pre-announcement is good to make a new high, if the market doesn't reverse direction.