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Technology Stocks : Creative Labs (CREAF) -- Ignore unavailable to you. Want to Upgrade?

To: mr.mark who wrote (13262)	1/7/1999 9:41:00 PM
From: Fred Fahmy	Read Replies (1) \| Respond to of 13925

<if a short has to come up with the dividend, that is gonna cause some covering.> It depends. The dividend amounts to 1/2 a point. If they think the stock is going down 2 or 3 or much more why would they cover?? In fact, unless they think the stock price is only a 1/2 point away from their target (or the bottom), it doesn't make sense that they would cover. At any rate, I think short sellers are a non-event with this stock. Most short sellers short based on poor fundamentals or because they see a stock as overbought. CREAF does not fit the bill as a good short candidate except in hindsight <g>. Hell, I wish I would have shorted last year instead of adding to my position <gg>. FF