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Technology Stocks : Superconductor Technologies : SCON
SCON 2.500+10.1%Sep 7 5:00 PM EST
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To: Lionel Parker Perkins III who wrote (470)2/28/2000 10:27:00 PM
From: Tom Hua  Read Replies (1) of 903
 
Lionel, small float? It has 10.2 million shares freely tradable out of 12.7 million shares outstanding. KTEL and SKYM had small floats (2 million shares) and the squeeze was hard, but didn't even come close to SCON this past 2 weeks. Guess what happened to KTEL and SKYM once momo traders leave? They tumbled 80% in a short time.

Regards,

Tom
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