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Technology Stocks : YURI ( YURI SYSTEM )
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To: The Phoenix who wrote (500)2/8/1998 11:29:00 PM
From: larry  Read Replies (1) of 1181
 
Gary,

I also forgot the mention that shorting covering also helped to move the price of IDTC up significantly. IDTC was enjoying a 1+ mm short interest this past Jan. 15th. IDTC is having about 10 mm stocks floating on the market. YURI has 8 mm floating, and the short issues are more than 2 mm. One of the reasons I believe that some of the big players will be interested in YURI is a moderate short squeeze is gonna easily push the issue up 5-10 points. And the big boys don't need to worry about an earning shortfall in the near term.

larry
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