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Technology Stocks : Logic Devices: Ready to come out of the doghouse?
LOGC 7.550-1.3%Oct 31 3:59 PM EST

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To: Maui Jim who wrote (38)4/25/1998 6:11:00 PM
From: Michael Sphar  Read Replies (1) of 94
 
Hi Jim, Just read through this thread. You've been following this one a long time. Do you think the "short" issue is still there ? In looking at reported shorts through 03/98 it looks like there is good correlation between the Fall/97 price action and short covering. I wonder if there will be a reported drop in 04/98 short interest to correspond to end of March price rise ?

What else could be the cause for that large short count ? Don't understand a hedging speculation scenario, I'd be eager to hear how this might have come about.

Anyway went long recently, hoping to squeeze a little something out of it.
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