Zitel-ZITL What's Happening Message Board

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Technology Stocks : Zitel-ZITL What's Happening

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To: Stanley L Brown who wrote (1377)	12/2/1996 11:18:00 PM
From: Larry Davis	of 18263

Stanley, You are correct. It's all how you look at the numbers. Todays volume, the last 10 days volume or the last two months will be different. I suppose you can plug in what you want and get the numbers that your looking for. My personal opinion, the short interest is presently very high. I don't know of many stocks that have a 30 percent short interest. Again personally, I'd rather stay away from it. Yes, you can use different volume and get different results. If you wish to short it, that's fine. If things go wrong with Matridigm, your a winner. Just be prepared if the news is good. Four to five million people covering their shorts will make the share price rise drastically. As of Nov.15, there was 2.243 million shorts. Double that because of the stock split. That's 4.486 million. Of course, we don't know how many people have covered since Nov.15. Yet, these numbers still look too big for me. Good Luck. later,

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