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Technology Stocks : OCCF: Optical Cable Corp
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To: Matt Kaarlela who wrote (439)5/31/1997 2:58:00 PM
From: PHIL L. FARRA   of 545
 
SHORT INTEREST in OCCF is still on the EXTREME HIGH SIDE. There was a slight decrease of a few thousand shares for last month, but the total number sold short is 961,136 shares, representing 35% of the total number of shares in the float. This EXTREME HIGH short position has yet to prove worthy, but continued growth of the company will eventually put enough pressure on the shorters to clear their short position. What we need is some great news to start this stock moving again, and when it does HANG ON, cuz it will be dynamic.

STILL HOLDING LONG WAITING FOR THE LAUNCH; Phil
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