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DewDiligence

06/07/03 4:33 PM

#5469 RE: Tenchu #5468

>> Dew, if you don't mind me asking, at what level did you short EBAY and DNA, and what's your stop? <<

Shorted DNA from the mid 50s (just after the Avastin-related surge) averaging up to the low 70s.

Shorted EBAY from the low 90s (right after the most recent quarterly CC) averaging up to the high 90s.

I do not use stop-loss orders. Rather, I stay well-capitalized and am willing to hold short positions for several months (even years in rare cases) until the reversal comes. Regards, Dew