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Technology Stocks : Compaq
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To: oliver who wrote (24804)4/23/1998 11:45:00 AM
From: Roads End   of 97611
 
From yesterday's WSJ CPQ short interest at 75 million through mid April vrs 71 million one month ago. One month ago the stock price was lower than it is today (try $24 on Mar 23). My guess there is just as many short that are under water as there are longs under water at this price. The difference is the longs are under zero pressure to sell. I really don't think shorty has the same luxury.
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