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Technology Stocks : GTIS - Will it be a Phoenix or not ?

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To: Richard Makowiec who wrote (1453)2/7/1998 10:44:00 PM
From: Mike Farrar   of 2319
 
SHORT INTEREST INFO

GTIS has 1.12 million shorts as of 1-15-98. The float is
21.0 million shares. Days to cover is 4.31 days. GTIS
looked very strong Friday and I believe that next week
will root out at least 1/4 of the total shorts. Earnings
are due out Feb. 17 after the bell. Plus the next 2
weeks ought to be positive due to earnings run up
and short covering. Looking for 8 to 9 by end of the
month, if earnings and outlook are positive. IMO GTIS
is one of the most undervalued stocks and is a bargain
at these prices. GTIS has a great P/E ( 13 ) and good
growth outlooks. GTIS also has room for more
analyst 's upgrades. Long at 5 3/4. Eat my shorts shorts.

Jeff
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