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Technology Stocks : Aware, Inc. - Hot or cold IPO?
AWRE 2.420+2.5%3:59 PM EST

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To: KHS who wrote (7643)2/17/2000 8:34:00 PM
From: Jess Beltz  Read Replies (2) of 9236
 
"I had 330 call contract yesterday morning now have 120. I am holding these contracts and my stock tightly."

Wow! and I thought I was playing the stock big with my 2,000 shares and 20 calls. I hope you're right about the 15% figure. That would mean that there's probably still 50% of the January short interest still outstanding... more if you're also right about shorts buying from shorts, although I question that hypothesis, since if many of the shorts are covering, why would others find entering short positions attractive now? More likely to my mind is that the shorts have are covering with positions taken from people taking profits on the runup.
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