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Technology Stocks : Systemsoft Inc. (SYSF)

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To: J L Segal who wrote (3328)5/20/1998 7:09:00 PM
From: Eric Jorgenson  Read Replies (1) of 3529
 
S-

I find this amazing--short interest actually dropped about 10 percent in April from 410,000 to 355,000 shares. I presume this was a bearish signal--in contrarian terms--given the price drop this month! The numbers for May, I must think, will be considerably different. <g> I'll make a brash guess--short interest will be closer to 2 million shares, assuming 3X the daily volume.

Eric
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