Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jeff Jordan who wrote (9395)	5/13/1998 1:42:00 PM
From: rocklobster	Read Replies (3) of 120523

CFON FLOAT of 3.96 million has traded over 15 million today. According to SCHWAB, Short interest is 900K but the stock has had such high volume today that the shorts could have been out in the first hour. It seems to just be running on massive momentum now. Schawab said no shares available to short Briefing.com has mentioned it twice today once at 9:14 and then again at 11something. I have seen stocks mentioned on Briefing.com rocket several points right after a mention there. <Must be alot of traders with more money than brains willing to follow anything with momentum> I must admit I have done it but it is more luck than anything else and easy to get burned. But fun when it works. Later, Richard.

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