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Technology Stocks : Newbridge Networks
NN 13.75-0.7%11:37 AM EST
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To: Ian@SI who wrote (4897)6/3/1998 11:43:00 PM
From: pat mudge  Read Replies (1) of 18016
 
The larger the short interest, the more bullish it is for the stock. Those shares will be repurchased sometime. ... and hopefully at a much higher price than today.

In other words, we'd be whistling in the wind.

Guess I'll stay put and wait for the shorts to cover.

thanks for giving the other side of the equation.

Pat
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