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Technology Stocks : Micron Only Forum
MU 345.82+0.2%Jan 12 3:59 PM EST

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To: TREND1 who wrote (27070)1/23/1998 11:42:00 PM
From: Patrick Hennessey  Read Replies (2) of 53903
 
To All, Today's Investors Business Daily shows a dramatic
increase in the short interest. As of Jan. 15 short interest
stood at 43,134,085 , up from 36,575,292 on Dec. 15, an 18%
increase or 6,558,793 shares!!! This is by far the heaviest
short position in at least the last 5 years. Also this represents
35.8% of the float (120,500,000).
Obviously these are probably not individuals shorting this volume of shares. It sure looks to me as if someone big has astablished
a major short position. My guess ML and Kurlack. Does he know
something the rest of us don't?? Is that why he's trying to talk
it down? Something's definitely up!! Should be interesting!!!

P.H.
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