WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 169.99

-2.4%

3:59 PM EST

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To: Bruno Cipolla who wrote (812)	9/29/1997 7:25:00 AM
From: Leo Francis	of 60323

Every stock has some short interest. Its okay by me. Your data though is not very clear. Can you make it so? Thanks. With such a thin float, and high volume on price surges, technically these are conditions where it is very dangerous to short. In fact, I might add, that one possible explanation for the 9/23 price surge was in fact short covering. Many traders will short a stock after a surge, and try to profit marginally on subsequent profit taking. These are usually very short term shorts.-g- Dangerous nevertheless, when fundamentals seem to be screaming bull! Good Trading. LF

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