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Strategies & Market Trends : Set the Controls For The Heart of the SUN
IQ 1.925+0.8%3:59 PM EST

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To: Doug R who wrote (575)7/27/1997 5:02:00 PM
From: d. alexander   of 1156
 
Doug R. Found the short interest link I had been using on my old computer. It shows 499,417 as of 970724, about 7%. Re: earnings, there was a warning on july 1 that sent the stock tumbling from 1.16 to 0.69 C - the open was even lower. So the bad news is out. At that time they mentioned an inventory problem on Apex ie too much inventory. This should be helped by the new pricing as well as the distribution arrangement announced friday. Difficult to tell how pressing this may be for shorts. The URL is >http://interactive.wsj.com/edition/resources/documents/shortint.htm< but you have to subscribe to get access. DA
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