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Strategies & Market Trends : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?

To: Bill Wexler who wrote (4083)	12/30/1998 1:41:00 AM
From: chester lee	Read Replies (2) \| Respond to of 4634

Bill, <,Even though I think the market in general is headed much higher, I believe it is once again safe to start building larger short positions...particularly in the most grotesque frauds such as ZONA and HEPH. >> Sadly atlast, both my ZONA and HEPH short shares are gone. I wrote ZONA puts that got exercised, while my HEPH share got a forced buyin at a 65% loss. Although HEHP is a POS, its cash burn is low since they have few employees. I don't recall the number of employees, but I think it was 16 or 18, some rediculous low number for a R&D company. BTW, what were ZONA's sales from South of the Border?? VasoMex sales?? chester