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Technology Stocks : S3 (A LONGER TERM PERSPECTIVE)
SIII 0.00010000.0%May 12 5:00 PM EST

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To: bob yahnke who wrote (9077)1/28/1998 11:27:00 PM
From: michael liu  Read Replies (2) of 14577
 
The float is only 35 million shares.
50 million are the total outstanding shares.
Correct me if I am wrong.

3 million shorts represent 10% of its float
which is quite significant for me. Once semi
stocks are back in favor. These shorts will have
a trouble. Notice that not all of them were
shorted at high teens. Weak shorts are more
likely to be getting short sqeezed out first.

Michael
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