SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : ESST-the new beginning.

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Claude who wrote (3401)8/8/2002 2:16:27 PM
From: Nutty Buddy   of 3493
 
Hi Paul and Claude,

What's with the short interest? 17.44 million of the 36.30 mil share float short! 7 Days of average volume to cover all the short interest. Wow!

Someone's betting this company will fall flat on its face. I wouldn't want to be on the short side of that bet. I'd think there would be more reward potential buying ESST on margin than being short at current levels. Time will tell who is right. This one will be interesting to watch going forward.

A five million share buyback takes 14% of the float off the table.

Here's how the 17 chip stocks I follow compare relatively with all 250 stocks I follow in some fundamental categories (as of 08/07 close):
home.mindspring.com

All 250 stocks:
home.mindspring.com

Buddy
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext