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Technology Stocks : Cayenne Software (CAYN)

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To: vincent sciplini who wrote (740)2/28/1998 1:42:00 AM
From: jach  Read Replies (1) of 1096
 
<<short interest........... ....2/13/98 1/15/98 % change
Cayenne Software 1,718,936 1,033,994 %66.2>>

again, hard to understand the short logic for a 2$ stock.
maybe using as some form of hedging to offset something but at the
2$ something price it's hard to imagine as there is not much to gain.
The potential loss is unlimited as potentially very hot CAYN can shoot straight up because it's in the very popular spicy hot software object technology field. This is the latest in software development technology that can effectively automate and produce software components that can be re-used many times. Considering the cost of software engineers and their shortage, this OO technology will gain tremendous revenue in a very short time. At what price CAYN will go up to and how quickly it will go up considering this type of technology and potential revenue is anyone guess. In spite of this, if one has to base on last few weeks performance, the rate that it can go up is basically unlimited. One is looking into tremendous lost in shorting this at 2$ something if the stock eventually go up to just 10$.
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