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Technology Stocks : Harmonic Lightwaves (HLIT)
HLIT 9.640+0.4%Jan 9 9:30 AM EST

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To: shlomi cohen who wrote (1160)7/11/1997 2:42:00 AM
From: Mark Oliver   of 4134
 
<3500 contracts represent 350,000 shares.>

Yes, I was really tired today. 100 shares for every contract is 350,000 shares. It would be interesting if you could know if they were mostly covered, or naked.

I think we'd all do well also if there was a way to know daily volume on short interest. Imagine these guys shorting stock to protect their calls, only to buy back to fill their obligations on Monday.

Mark
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