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Technology Stocks : SOFTKEY=MERGER MANIA

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To: Peter Yang who wrote (949)3/20/1997 6:13:00 PM
From: Thomas C. Donald   of 966
 
Shorts and Peter Yang's question ...

The shares for sale probably come from investors who are thinking that they probably should sell their shares because they are thinking others are probably thinking of selling their shares too. Shorts like this kind of thinking.

Incidentally, there were still 6,305,696 shares short as of mid-March, down from 6,407,576 share short as of mid-February. These are only some of the buyers waiting in the wings.
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