SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : JNI Corp. - JNIC
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Libbyt who wrote (281)7/12/2000 12:03:59 PM
From: Ignatz  Read Replies (2) of 325
 
Looks like there may be enough shares short to cause a bit of a squeeze here.

1) Terrific OEM agreements just signed with HP and Compaq (Compaq announcement today).

2) 32% of the float held short at 6/15/00. The number of short shares has risen steadily the past 6 months. Shorts have mad good $ up till now.

3) Earnings to be announced in one week on the 19th. The stock rocketed about 50-60% just prior to last earnings and rose higher immediately after earnings were announced.

I'm sticking with this for a few days at least. Very interesting circumstances here. Sales are growing very fast and the company is profitable. 60-70 may not be far away. JNIC is picking up terrific momentum here. Good luck all. KEM is going to 50 very soon also.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News