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Microcap & Penny Stocks : Microvision (MVIS)
MVIS 0.829-2.5%3:59 PM EST

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To: mark calder who wrote (3733)10/28/1999 9:17:00 AM
From: RaserX  Read Replies (2) of 7721
 
Re: Current Record Short Interest

The "real" short interest has never been higher. During the warrant conversion period there was a significant amount of arbitrage. Those short figures factored in a "mechanical" short against the warrants. The current short position is quite "real".

The short bet has not been about Y2K nor the lack of product in the marketplace. It has been all about the lack of "support". Retail enthusiasm doesn't scare them. The current surge in institutional buying is very significant and we could revisit the short squeeze we experienced last May. Of course, this time there is a real supply problem. There are no 2.25 million shares outstanding that need a new home...

Sincerely,

X
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