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Technology Stocks : Broadcast.com (Acquired by Yahoo)
YHOO 52.580.0%Jun 26 5:00 PM EST

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To: P.T.Burnem who wrote (211)7/18/1998 1:09:00 AM
From: Daniel Ray   of 1260
 
As to the long-term prospects for BCST I won't hazard a guess, you may be correct about eventual slow-moving shorts eventually getting squeezed and the stock going up because of it. . . .

However, there is a very serious gap from 18 to 58 in the BCST chart, and I think it's a safe bet that a good part of this gap will be filled in at some point this Fall.

You can't short an IPO for 30 days but it will be interesting to watch this one in a market environment less favorable than today's, and at that point I won't mind draining a few points off. . . .

And what exactly is the upside to this stock at $63 anyway?

Best of luck to all
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