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Technology Stocks : TLAB info?

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To: Trey Yon who wrote (1617)11/7/1997 7:11:00 AM
From: JM  Read Replies (1) of 7342
 
Does short interest mean a "TLAB disaster" is a foregone conclusion? The possibility of problems always exists and may be amplified by high PEs and forward looking investors. With 181M+ shares outstanding, is 2.5M added short interest a high percentage or not? Unfortunately, I was stopped out of TLAB in last week's debacle at 49 through my own fears of an overall market meltdown and short term thinking. TLAB is a well managed co. with a great future. I am watching for an opportunity to buy back, this time for the long haul.
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