OCCF: Optical Cable Corp Message Board

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Technology Stocks : OCCF: Optical Cable Corp

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To: GW who wrote (472)	8/4/1997 9:07:00 PM
From: PHIL L. FARRA	of 545

Last report there was 967,920 shares sold short, which is near the all time RECORD HIGH. This high short position has got this stock in a very positive position. Recently we've seen strong stability at 11.00. We are now poised above the 100 day moving average. Last year this time we had a significant jump to about 20.00. All indications are the company should have a very strong third quarter earnings, with a historically strong fourth quarter. The increase in the short position of about 160,000 shares sold short was increased when the stock was at 12.00 to 13.00. Today we closed at 12.625 with the bid 12.50 and the ask 12.75. With additional continued pressure we should see the shorts starting to cover, driving this stock to the next level, where those short position holders better take note. This stock has all the great signs to blast off like it did at IPO if you all can remember that. I CAN REMEMBER AND I WILL NEVER EVER FORGET IT. RECORDS WERE SET! ! ! ! ! Hope you all have your seat belts fastened for launch time? Holding Long was worth the wait! Phil

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