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

To: Anthony Tran who wrote (3488)11/22/1998 8:46:00 AM
From: Don Pueblo  Read Replies (1) | Respond to of 4135
 
The fact that there is "no stock available" is not necessarily a bad thing. I'm not smart enough to be able to figure out what somebody who owns a giant position (or is short a giant position) is likely to do. If you like the company, you can hold your current position and add to it on any dips. For example, I bought ASND very recently for 35 bucks, and was very happy to get it at that price.



To: Anthony Tran who wrote (3488)11/25/1998 12:08:00 AM
From: Millby2000  Respond to of 4135
 
Another option to shorting the stock, is to buy a put option. If you really believe the stock price will decline you can later sell your put option for a profit.


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