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Re: limtex post# 17041

Monday, 08/19/2002 5:20:43 PM

Monday, August 19, 2002 5:20:43 PM

Post# of 704019
Limtex, I am not going to argue with you about the morality of shorting, it is clear that you do not understand the mechanism of the markets. Shorts already have a number of limitations (like shorting only on upticks, not bein able to hold a short for a year for long term capital gains, etc.). They are not the one that damage the markets, the one that damaged the markets are wide eyed investors paying 100 time BV for companies with little or no prospect of ever having a profitable business. And as you like to say, without "improving business prospects", the market will go nowhere, where should it go for companies without any prospects?

Zeev


AZH

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