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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: Anthony@Pacific who wrote (74)	12/2/1998 3:31:00 PM
From: GregS	Read Replies (1) \| Respond to of 122087

Anthony, Why the short on CFON? Revenues are growing, profitability may be on the way. I'm not disagreeing, just wondering why?

To: Anthony@Pacific who wrote (74)	12/2/1998 3:51:00 PM
From: Art M	Read Replies (1) \| Respond to of 122087

Anthony, Assuming that I want to take a bearish position, and don't want to assume the potentially unlimited risk of an outright short position, is there a better way than doing a bear spread with puts? For example I just bought 20 Feb 10s @ 3.375 and sold 20 Feb 7.5s at 1.75. Net debit of 3.375 - 1.75 = 1.625 x 2000 = $3250. If stock closes below 7.5 before Feb I can close out for 2000 x 2.5 = $5000. Do you have phone number where I can get a tape of the Discovery Channel show you did? I screwed up the taping (as usual per my wife). Thanks - Art