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Technology Stocks : Copytele - Another XEROX in future

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To: Eric Klein who wrote (1128)11/24/1997 12:21:00 PM
From: Tim Kenney  Read Replies (2) of 1320
 
>Well..., I couldn't quite catch the logic in this "short sellers are the saviour of COPY" story either. But I
do think that right now the only thing that keeps COPY from quickly dropping to 1 is that short sellers
are taking profits. They are probably the majority of current buyers of this stock.<

Ya think? It is hard to believe that deranged and demented short sellers, who are so sure the company is worth nothing, would be wasting a good 28 bits buying back the stock. Perhaps they are running scared as a 10-K lauding the company's first sales is a com'in in under two months.
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