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Technology Stocks : DoubleClick Inc (DCLK)
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To: DD™ who wrote ()9/2/1999 11:01:00 AM
From: Frank Z  Read Replies (1) of 2902
 
DCLK's short interest was all time high in Aug at 8 million. It has been steadily climbing since May 1999 when it was only 3 million. The short ratio shoot up in a steep straight line. (http://olook.com for charts). Compared with the average short interest ratio for theStreet.com's internet index ( ICX button in the chart), which surprisingly does not include DCLK, the ratio climbed much faster than other internet stocks. Are we going to see a major short squeeze? The huge swing in share price in past few weeks may be explained by the high short interest.
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