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Strategies & Market Trends : Undervalued Stocks = Low P/E to Growth Ratios

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To: Robert T. Quasius who wrote (67)8/31/1997 2:42:00 PM
From: ET   of 297
 
robert ...take a look at NEWPORT [newp].. i own this stock and was very,very surprised to see that it has the 6th largest short,days to cover, about 34 days......this is very strange,because it is a very decent company.good quarters ,not a "goofy" company that warrants alot of shorting???? it is in the laser,optic,semi. measurement,business's.they even have a buyback going on..they are growing very nicely..when you look at this company you can't find any reason to short it..IMHO..i think the short sellers are going to get squeezzzzzzed.....unless somebody knows something that i don't this stock is going to trade 5 to 10 points higher when the squeeze is on...........
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