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Technology Stocks : Aware, Inc. - Hot or cold IPO?
AWRE 2.160-1.4%Nov 28 9:30 AM EST

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To: Alohal who wrote (7582)2/16/2000 3:01:00 PM
From: Jess Beltz  Read Replies (1) of 9236
 
I remain unconvinced that the squeeze is over. I agree that the pop over $11 was panic driven short covering. However, not all shorts bailed, or the stock would have gone to $100. Some chose to stay for a while yet, or rather not to cover into the panic. However, the trigger was the buying pressure from the information release associated with the ADI announcement. Now the shorts also know about the upcoming DSL conference. They may try to offload much of the short interest between now and then. I think we may be in for some nice, steady price increases between now and the 23rd, although they will probably try to get out without triggering another run on the shares. I think we're in for some sunny skies, and for once, barring a total market collapse, I think we have very limited downside from this point. About #$@&ing time.
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