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To: slipnsip who wrote (8594)7/2/1998 3:09:00 PM
From: yard_man  Read Replies (2) | Respond to of 164684
 
You must be rich. Guess you didn't get that way shorting stocks like this, eh? Sorry.



To: slipnsip who wrote (8594)7/2/1998 8:03:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
If we get no signs of breaking after the YHOO earnings.. I am gone forever.. Lost again...

David,
We have a similar problem. I lightened up the short in the AM and then went long against the box. I then saw
the fast sell-off uncovered, bought July 115 puts with the belief the stock would continue down. We know that was not what occured. Another $20K loss day:-(

Glenn