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Technology Stocks : Apple Inc.
AAPL 266.38-0.8%Nov 20 3:59 PM EST
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To: Marc Newman who wrote (7435)1/7/1998 6:44:00 PM
From: Eric Yang  Read Replies (1) of 213173
 
December Short Interest

19,876,688 short
1,589,348 average volume
12.51 SA

I suspect a few million shares of shorts have already been covered last week. Since a lot of the shorts have been around since last Sept the average price shorted at was probably at 20 or higher. We may not see the 'short squeez' until we break low 20s when the shorts have to start pulling $ out of their own pockets.

Eric
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