Archived posting to the Leica Users Group, 1999/03/07

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Subject: Re: [Leica] Re: Leica Stock Price and Chart
From: Dominique PELLISSIER <pelliss@droit-eco.univ-nancy2.fr>
Date: Sun, 07 Mar 1999 17:16:01 +0100

At 16:01 05/03/99 -0800, you wrote :
>
>From: "Kotsinadelis, Peter (Peter)" <peterk@lucent.com>
>
>Leica stock chart indicates its a great way to lose money quickly:-(
I wonder if it has the same trend as sales for the Ms and Rs.....hmmmm....;-}
>- - -  snip - - -
>
>Hi Peter and others,
>
>What you say is not exactly correct.  You can make money on a declining
stock by "shorting" or "short selling" it.But the important thing that the
chart shows is that there is a very good upside potential for this stock if
you believe in the company,their products, and the new management.  And,
judging from Herr Cohn's (the new CEO)comments, one of his primary
objectives is to keep the stock holders happy.
>
>Bill
>
########
Bill,

Yes, you can sell "short" but you get a "corner" :nobody wants to buy...
and you go under.

Dominique Pellissier
>
>
> 
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