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Strategies & Market Trends : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?

To: taxikid who wrote (799)	5/8/1998 4:17:00 AM
From: Bill Wexler	Read Replies (1) \| Respond to of 4634

I don't have a "short to zero" philosophy. Like any other investor, I will occasionally take profits and perhaps reshort on future runups. I recently covered Zitel at 8 and change after holding a large short position for over a year on the expectation that the Zit would make a last gasp - though it seems that was a mistake (The zit is now down to 7 and change). My price target for the Zit hasn't changed. It will trade below 1.