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Technology Stocks : OCCF: Optical Cable Corp

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To: bigbutt who wrote (535)6/29/1998 7:45:00 PM
From: PHIL L. FARRA  Read Replies (1) of 545
 
Short interest in the previous 30 days has increased 34,006 shares for a total of 910,555 shares sold short. This is a very large short position for a
total of 2.7 million shares in float,( not counting shares bought back by the company). The recent additional shares sold short were sold around the
10.00 to 10.50 range. It's sure nice to see the shorts get stuck for a change instead of the stockholders. With continued growth and the company's
share buy back program, I don't think it will be long before we start seeing the effects of a short squeeze. This company is in a very high growth industry
with much upside potential.
Long shareholder since IPO!! Phil

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