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

To: Justa Werkenstiff who wrote (15214)	8/12/1998 12:56:00 AM
From: Andrew Vance	Read Replies (1) \| Respond to of 17305

AV---Covered the short today at 33 for +$1.25 and very glad that I did. Why this is the subject of a short squeeze is beyond me. This stock is way out of line with its peers and is due for a nice comeuppance. Watch, tomorrow it will drop and I will ehine about having covered it today. BOO HOO on DY since the strike was settled today. PLAB was sold at $20 the other day and I was unable to get all the shares I wanted to short. I managed to get 2500 shorted at $20 only because of a contact at Morgan Stanley I believe. Wink and nod and a little back scratching but I still didn't get yhe full 3K I wanted to short. Based on the market reaction to AMAT, I think I will try to cover tomorrow. Andrew