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Technology Stocks : Information Architects (IARC): E-Commerce & EIP

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To: Robert K. Sims who wrote (4326)2/6/1998 1:59:00 PM
From: Jeffrey S. Mitchell  Read Replies (2) of 10786
 
Robert, my information about shorts came from a broker that closely follows the Y2K sector and knows how shorts operate. They especially like low volume stocks where they can absorb shares that come on news announcements. This serves to undermine confidence in the company as the price begins to fall, which, in turn, causes some longs to sell.

ALYD still has very little institutional ownership, so any serious buying by them could kill shorts, not to mention that any positive piece in a major publication could cream shorts as well. So, that's why Tech Master calls it a "war". If the stock does pop, it will pop bigtime. Yes, it should be fun!

- Jeff
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