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Technology Stocks : Data Race (NASDAQ: RACE) NEWS! 2 voice/data/fax: ONE LINE!
RACE 338.53+0.3%Jan 23 9:30 AM EST

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To: MulhollandDrive who wrote (26043)11/24/1997 7:56:00 PM
From: Jan Robert Wolansky  Read Replies (2) of 33268
 
Betty, I am sure Drakes would agree that there are probably a number of institutions that have been monitoring the RACE situation, waiting to see if there is a market for the product. I wouldn't be surprised if a number of them are waiting for the "significant" sale as a signal that this company/product is for real. Similarly, I am sure Drakes would agree that there are brokerage houses monitoring RACE as well. Perhaps some of them are waiting to see a big sale before issuing a buy recommendation. Combine institutional buying, buy recommendations, more institutions buying as a result of the buy recommendations, shorts covering, my oh my!

I am really scratching my head as to why the shorts are still hanging around, unless they know something that DG and Inacom and others who have committed resources don't know.

Jan
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