WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 200.46

+6.8%

Jan 9 9:30 AM EST

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To: Art Bechhoefer who wrote (24455)	1/3/2004 5:36:22 AM
From: Steve 667	Read Replies (1) of 60323

Hi Art, I agree, it is a positive! It is my understanding that short interest numbers are made public about the middle of each month. The figures I gave were as of 15 December. Hard to say how much short covering has taken place. It was down 7% from November. There will be a lot of short covering in the next several weeks. Here is a question for you, slightly OT. How can a company like SIRI have a short interest of 68 million shares when the stock has not been above $5 since May 2002? It is hard to believe that shorts would hold on and not cover when the stock was 38 cents a share. I am puzzled. Is there some other way to short a stock below $5 a share? There has to be some angle to this that I am not aware. Anybody know? Thanks. Steve

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