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Technology Stocks : Stratasys (SSYS)
SSYS 9.840-0.4%Nov 5 3:59 PM EST

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To: Robert Henry who wrote (119)6/28/1997 6:49:00 AM
From: Stratajema   of 316
 
Robert. The reported short interest has climbed 35% during the past month to 715K shares. This represents about 12% of available shares. (I always wonder if insiders at companies with a small float have been properly coached to move their shares to the cash side of their accounts to effectively limit the maximum short interest.) I'm still watching this one and may jump in for a short-term long trade. The only thing that is haunting me is that they will begin reporting profits on a taxed basis this quarter and I expect their 3rd quarter earnings to be almost fully taxed. IMHO, their year-over-year sales increase will need to be maintained to provide good price support in the $20's. New shipments of their 8000 machine should help them to easily make their sales numbers for the quarter.

- David

P.S. There was also some Form 4 insider selling by the Crumps at the end of May but not enough to get me twitching.
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