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Technology Stocks : Electronics Boutique (ELBO)

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To: ratherbelong who wrote (694)5/11/2000 2:08:00 PM
From: Mad2   of 779
 
I view the short interest as a sidebar to the failed funco acquisition (arb shorts the acquirer and buys stock in the company being acquired). Probably most of the 375, shorts have covered, if not with the relatively small free float it could fuel some demand.
This short interest has nothing to do with ELBO's business BTW, more a trading situation.
Best Regards,
mad2
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