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To: Glenn D. Rudolph who wrote (17787)9/22/1998 11:06:00 AM
From: Box-By-The-Riviera™  Read Replies (1) | Respond to of 164684
 
Generally,,,,,, if you call early before the market opens you can reserve shares..... once open....much more difficult if not impossible.... at least with my broker. I reserve them whether I use them or not.... just so they are available.

Joel



To: Glenn D. Rudolph who wrote (17787)9/22/1998 11:17:00 AM
From: H James Morris  Respond to of 164684
 
Glen, the lack of short shares should!
From Seattle Times,
<No monopoly on riches . . . yet

No real news that Microsoft executives are rich. But if you need more proof, the Oct. 5 issue of Forbes ASAP - a technology supplement to Forbes magazine - lists the 100 richest high-tech executives in the country. Ten Microsoft bosses make the chart.

Two other Puget Sound tycoons make showings - Amazon.com's Jeff Bezos at No. 9 with $2.14 billion in personal wealth and RealNetworks' Rob Glaser (a former Microsoft executive) at No. 29 with $403.1 million.

Bill Gates, the richest man in the world, tops this list, ringing in at $58.73 billion, followed by Microsoft co-founder Paul Allen at $16.98 billion and Microsoft President Steve Ballmer at $12.99 billion.

Microsoft should have made an even stronger showing. The magazine left out Pete Higgins, group vice president in charge of the company's interactive media group. The value of his Microsoft stock at the time the magazine put together its chart was $99.2 million, which would have landed him the 92nd spot. >
Where in the world other than America would you see a founder of a money loosing corporation, and not given a chance of turning a profit until 2003, accumulate $2.14 billion in personal wealth based on his current stock ownership.
The former hedge fund manager has done very well for himself.
William still doesn't think he's hedged!!
Hedged or not hedged. It doesn't effect us but I sure would have liked to have some of his stock in the float. It would take a lot of pressure off those shorts being squeezed.



To: Glenn D. Rudolph who wrote (17787)9/22/1998 11:18:00 AM
From: Jan Crawley  Read Replies (2) | Respond to of 164684
 
The lack of shares to short concerns me again.

Glenn,

R/T $88 5/16.

Would you like to keep 2/3 of your shares boxed most of the time except for periods of clear directions. Trade the remaining 1/3.

I am very comfortable with mine, but yet it's only a 200 shares box. I tried twice this morning to reserve 200 shares to short at $94 or so but there was no share available. I did not try my full service one cuz the commissions and inflexibility in quick tradings.

Will short 2 Oct 90 call contracts if Amzn moves close to $93 and above today....will buy 200 shares around $80.