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Technology Stocks : Able Telecom (ABTE) -- Ignore unavailable to you. Want to Upgrade?

To: lindend who wrote (480)	2/16/1999 6:58:00 PM
From: Questerr	Read Replies (1) \| Respond to of 700

Did you transact the short Linden? If not I would hold off until the picture becomes clearer. The Kaufman Bros. analyst has his firm's reputation to consider before being so aggressive with his recommendations. Assenio made a good short-term call and $$$$ "short-selling" ABTE to $1, but unfortunately he's too greedy. Short-selling only works in the the short-term!!! Able has a market cap of $100 million - that's tiny in terms of the institutional investor universe. Mutual funds are making bets with $$$ they can afford to lose. Can the little investor stomach a forth coming squeeze? Close out your short before Assenio has to. Assenio should realize the second time around - pigs get fat, and hogs get slaughtered!