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Technology Stocks : The New QLogic (ANCR) -- Ignore unavailable to you. Want to Upgrade?

To: George Dawson who wrote (18768)	10/23/1998 2:06:00 AM
From: Eleder2020	Read Replies (1) \| Respond to of 29386

George-since it's late I'll give you a new variation on a theme but reading the article will just sound familiar. >>http://www.businessweek.com/1996/32/b34871.htm<< From "The Secret Life of Short Sellers." >>Shorts insist that insiders sometimes buy such cut-rate stock through foreign shell corporations and then sell short in the U.S. market--locking in the profit between the discounted shares and the shares sold in the U.S.<<< >> Solv-Ex, which has made heavy use of offshore offerings, recently disclosed that the Curacao-based GFL Advantage Fund bought 530,000 cut-rate shares in a Regulation S offering and then sold short in the U.S. a half-million shares--one-quarter of Solv-Ex' short interest--locking in a profit that probably exceeded $2 a share, or $1 million. Sound familiar-I'm ready to get my shares too. George you could start a movement. <g>