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Strategies & Market Trends : Shorting stocks: High fliers -- Ignore unavailable to you. Want to Upgrade?

To: Q. who wrote (634)	1/7/1999 2:41:00 PM
From: Dale Baker	Read Replies (1) \| Respond to of 709

I couldn't get shares at E*Trade either. I covered FIBR today because 3 1/2 points overnight was just too good to pass up. It's down another 3/8 since I bailed. Can't decide if it's time to open more shorts yet or not. Maybe soon.

To: Q. who wrote (634)	1/7/1999 2:52:00 PM
From: Anaxagoras	Read Replies (1) \| Respond to of 709

Check this out for grins: internetshorts.com He gives the usual arguments about how the internet changes everything and that it's revolutionary, but then ends by saying "But they're overvalued, so give me your money so I can short 'em." Heck, after reading that page it made me want to buy, not short! Note that his minimum account is $250K. He'll need a whole bunch of those to meet margin calls unless he happens to hit the timing right. I don't think I'll be sending him any checks soon. Oh well, I wish him luck. Anaxagoras