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Technology Stocks : Zitel-ZITL What's Happening -- Ignore unavailable to you. Want to Upgrade?


To: sfh who wrote (17525)12/23/1998 2:23:00 PM
From: Bob Trocchi  Respond to of 18263
 
sfh...

>>i hope you are all right <<

Thank you for your concern. I am not in any problem as my short position relative to my total assets is very small.

I do hope you are all right however. Price beginning to drop down but still FAR ahead for the day.

Merry Christmas.



To: sfh who wrote (17525)12/23/1998 3:31:00 PM
From: Roger A. Babb  Read Replies (4) | Respond to of 18263
 
sfh & all, be very careful shorting the ZITL runup. I started shorting near $8, but keeping plenty of margin. It could go much higher and you may get the chance to average up, or at least avoid an unpleasant squeeze. Then again it could be $3 tomorrow. Never put more than 10% of your account in a single short position!