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Technology Stocks : HAUP - Hauppauge Digital -- Ignore unavailable to you. Want to Upgrade?

To: genejockey who wrote (537)	5/22/1999 10:17:00 PM
From: BigTex	Respond to of 1149

No sense trying to explain it to ya,if you know it all already,and it sounds like you do.cheers,Tex the Porn*

To: genejockey who wrote (537)	5/23/1999 9:05:00 AM
From: hoffy	Respond to of 1149

>>>don't you get it, there is no risk with HAUP on the short side Monday and Tuesday<<< Have you ever shorted a stock with a small float before. A lot of people said the same thing with NTBK or KTEL. Sure KTEL eventually dropped but the people who shorted it in the 20's and 30's got creamed as the stock ran up to 80 and they had to cover. It ran up 30 points in matter of an hour because there were simply no shares to be bought and the shorts had to cover at almost any price. I am not saying this will definitely hapen to HAUP but it could so there is definitely a risk here to lose a lot of money. SHorting a stock is always risky but a stock in a hot sector with a small float is definitely risky. It could pay off and the stock could fall a few points and the shorts will be happy. Or if a squeeze happens then it will be a blood bath for the shorts. It could go either way. Actually it is less risky for the longs because it will at most fall a few points and so the longs will lose a little. The shorts could lose 100 or 200 or 300 percent in a matter of an hour or two. Monday will be very interesting to say the least.