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Technology Stocks : June 9, 2000: AT and T Short Squeeze Day
T 19.12-0.2%Jul 19 4:01 PM EDT

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To: zwolff who wrote ()5/25/2000 8:53:00 PM
From: Anthony@Pacific   of 4
 
Dear Clueless In Cyberspace,

T has 3 billion shares outstanding, there isnt a single thing you can do to move T up a single penny. Each and every share is marginable and each short share is most likely a hedge against a long share by a long hedge fund or Institution.

If you were to buy 8 hours of TV time a day for the next 3 years you couldnt change the price by a single cent..

I came out of hybernation to adress the most riduculous idea I have yet to see on the Internet yet..

Good luck to you, make sure you demand your certificates.
But , if you own T on margin kick yourself in the head first for "enabling " the shorts. Oh , btw you can't have your certs unless they are fully paid for..which Im assuming 70% of T shares are not.
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