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Technology Stocks : McAfee - network mgmt and security software

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To: Tim Robbins who wrote (15)7/5/1996 4:27:00 PM
From: Michael Burry   of 66
 
Boy, this stock sure knows how to surf the tidal wave.

How impressive it is that this stock actually went up today,
when everything else crashed.

I recently sold August 55 calls for 2 5/8, as it appears the
stock is basing at this level for a while.

One concern of mine is that I read institutional holdings are
90+%. That seems awfully high, and makes me wonder who will
push it up? At the same time, that means we have some committed
stockholders who obviously aren't running scared with the
rest of the market.
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