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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 76.22+0.1%Nov 24 3:59 PM EST

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To: The Phoenix who wrote (34402)4/27/2000 7:49:00 AM
From: GVTucker  Read Replies (2) of 77400
 
Gary, RE: bambs: Longs out number shorts buy 1 to 100.

Gary: Really? Where did you get that data?


Actually, this is pretty easy to calculate.

Using mid March data, short interest is 149,242,672 and shares outstanding is 6,937,630,000. You need to add the short interest to the shares outstanding to reflect the total number of shares owned (a share sold short is owned by two different people). Working out the math, there are 47 longs for every short. Not quite what bambs maintained, but not a gross exaggeration either.
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