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Strategies & Market Trends : Rande Is . . . HOME

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To: Kevin Shea who wrote (12189)	9/13/1999 5:31:00 PM
From: Daniel Mack	Read Replies (1) of 57584

MLTX- Kevin, you probably know this already but worth a mention if somehow you missed it. MLTX was played on TJ thread today. That is where alot of the volume came from. Also large short position in the stock roughly 23%. That is probably why it rode up so quickly on the volume. The question is what does tomorrow bring? With any substantial volume at all there could be a nice short squeeze with it trading 1.2mill shares of the 3mill. float today, and then 700k shares short (as of Aug 9) I was looking at it today but was late to the party and decided to wait until tomorrow to see what the volume is like. Good Trading, Daniel Mack

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