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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: NYBellBoy who wrote (7996)	4/28/1998 7:19:00 PM
From: Michael	Read Replies (2) \| Respond to of 18691

My friend NYBellBoy: My character on YHOO did cover at 10 1/2 and reshort at 15 1/2. Unfortunately , I am not as smart as Zitel King. I have just continued to add to my already large short on ZITL. By shorting more with the profits, watching my butt along the way, in case a 70% run up that Zitel had this year did not led to a margin call. I am undecided right now about shorting more. Also if I cover I pay taxes on big gain, NEVER COVER, NEVER PAY TAX ON GAIN...is that right???? Your Friend, Michael