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Technology Stocks : Identix (IDNX)

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To: David who wrote (15248)10/22/1999 4:53:00 PM
From: J L Segal  Read Replies (1) of 26039
 
Market Guide shows IDX has 28.42mm shares outstanding and 14.8mm in float. Still, a short position = to 10% of float is definitely eye catching, esp. since the 38% increase over the last month. I wonder how many shorts are out there? Are there just a few/couple shorts holding very large positions? Looks like we could have some volatility next week. David, I know you're not an option player, but for those who are, could it be time to buy some puts for insurance? -or calls for if the shorts are wrong & we have a huge squeeze? Brad - what do you think - puts or calls, or maybe both?

JL
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