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To: Doug Skrypek who wrote (1617)4/20/1999 2:26:00 PM
From: CMon  Read Replies (1) | Respond to of 2693
 
You raised the question: "Why not buy puts if you can't get the borrow"

My point was, simply:

That the open interest and prices for the options reflect the fact that many shorts, as you suggested, have already done so.