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Technology Stocks : The New QLogic (ANCR) -- Ignore unavailable to you. Want to Upgrade?

To: Lhn5 who wrote (20298)	1/23/1999 9:12:00 PM
From: Kerry Lee	Respond to of 29386

Larry, you posted the following Shorting guidelines on Motley Fool..Could someone who posts on Yahoo please post this on Yahoo ANCR board? Thanks: PS - when I read the following post, the first person who came to mind was actually the AOL guy who goes by the handle "Terer".. who used to frequently post in both AMTX and ANCR folders..he was an expert in using shorting guidelines #2,8, 11,17, 18, 21. I have a pretty good idea of the other handles he uses. I agree that K. Lane Cummings is not a shorter but just another amateur trader who got caught in Ancor volatility and probably lost alot of his parent's money.. probably why he is stuck in downtown Bellevue and will never make it up to either of the main Redmond MSFT campuses on 156th and 148th..I wonder if Uncle Bill or Cousin Ballmer knows what he's up to on Company time? Does anyone have Bill's e-mail address? Message boards Guidelines used by shorters. 1. Be anonymous, of course. 2. Use 10% fact and 90% suggestion in one's posts. Facts give credibility, while suggestion does the "sell". 3. Let others "help" you learn about a stock thereby developing rapport and a support base. 4. Use multiple handles, but develop a unique style for each. 5. Use multiple ISPs. 6. Start each new handle slowly to build acceptance. 7. Occasionally, use two handles to "discuss" an issue. 8. Do not show all your cards at once when slamming a stock. It's a war - it's ok to lose a battle as long as you save enough ammo to win the war. 9. Know your enemies - they will end up being your best weapons. 10.Only slam until the tide starts to turn. Let doubt carry the stock back with the tide. 11.Maintain an appearance of being open minded but a slant in either direction is acceptable. 12.Don't appear meek. No one follows the meek. 13.Strike just as your opponent starts to gather momentum but not before or you lose your sting. 14.Don't worry if people peg you for a slammer. The doubt will remain and that's what you are after. 15.If pegged, put up a brief fight, then let them feel they've won. This puts their guard down within a few days and your other handles can take over from there. 16.When slamming a stock, the intent is to minimize its rise, not to create an instant plunge. 17.To slam a stock requires you only to kill the dream not the company. 18.Use questions to invoke critical thinking and use statements to reinforce. 19.You can be liberal in your questions but be specific and precise in your statements. 20.Don't lie. 21.When slamming, encourage research beyond calling the company.You know people are far too lazy and it's only doubt you are after, not confirmation. 22.When slamming, discourage people from taking the company's word - encourage them to seek outside proof. If the company's history is bad, point them there. 23.When slamming, refer to missed deadlines and weak financials. 24.When slamming, if the price rises, blame it on a temporary mass reaction to a press release rather than real interest in the stock. Point out low volume and emphasize the selling. 25.Pretend to share the same concerns by learning what they want to hear. 26.And above all else, be unpredictable.