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Non-Tech : Bill Wexler's Dog Pound -- Ignore unavailable to you. Want to Upgrade?


To: jeff nightbyrd who wrote (1220)5/31/1999 12:57:00 AM
From: Peter Goss  Read Replies (1) | Respond to of 10293
 
Not to speak for Bill, but the shares are a tough borrow. There are options, especially if you are confident in it move toward zero.

Peter



To: jeff nightbyrd who wrote (1220)5/31/1999 8:13:00 PM
From: Bill Wexler  Read Replies (2) | Respond to of 10293
 
I have noticed Iridium, but IMO all the easy money has been made on the short side. The market cap now stands at 180 mil. Is it going to zero? Perhaps - perhaps not. On the other hand I can short an outright fraud like CCSI which has an equivalent market cap and which I know is going to zero for sure.