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Politics : Ask Michael Burke
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To: Earlie who wrote (76748)2/29/2000 12:10:00 PM
From: Steve Lee  Read Replies (2) of 132070
 
Re: "Shall we compare past RMBS press releases on this basis?"

OK, drag 'em out.

Not a short squeeze. Look how many shares have been traded since the 80's and look at the short interest. A short squeeze does not account for this level of buying. The buying is institutional. That is obvious from the size of many of the trades.

Each of the recent surges has come from a piece of news such as the Intel support at IDF, the Robby tech conference and the fact that 5 major DRAM producers (I think there are 7 in total) are producing RDRAM in volume.
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