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Technology Stocks : ANTEC Corp. (ANTC)

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To: Arthur Tang who wrote (818)6/14/2001 2:32:39 PM
From: PaperChase  Read Replies (1) of 847
 
Arthur, nice post. I disagree on short accumulation. The stock at its current price isn't a good short target especially with a vote due soon on the Arris transaction.

ANTC monthly short interest has been decreasing somewhat and was last at 1.9 million shares (5% of all shares) and I don't think it'll pick up more than 500K more shorted shares at this price. We are once again running at 2 times average daily volume with the price only dipping a little. I think we are seeing a heavy turnover of shares from those that made the easy money in this last runup from the $7s.
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