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Technology Stocks : ACLY- ACCELR8. Year 2000 Stock

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To: CalculatedRisk who wrote (1303)3/30/1998 12:33:00 PM
From: 45bday  Read Replies (1) of 1518
 
Thanks. The other day I made that comment here that if it weren't for the shorts covering where would this go. But with that said the short position is so big that you would think it puts an artificial floor under this stock. If any decent news comes out they would all scramble to lock in their sizable profits, and move elsewhere. Let's face it - the stock price is startng to reflect lousy earnings for this period, but if the contracts in place can keep revenues and earnings up a bit and they pull in a couple of new ones towards the end of this qrt. to show they are moving forward this stock will jump back fast given the long term potential of the DEC deal!
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