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Technology Stocks : CyberGuard Corp. (CYBG)
CYBG 0-100.0%Jul 23 5:00 PM EST

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To: Gupper2 who wrote (1788)7/15/1998 7:28:00 PM
From: uu  Read Replies (4) of 2616
 
It is interesting to note that the short interest on CYBG has been reduced by about 65% at the end of June (compare to the previous month). See viwes.com .

It seems shorts (and I am talking about the big players who know what they are doing and not the retail naive amatures like the so called Suess and Wexler) have covered a lot of their positions. Shorts always have a short term momentum mentality and unless they know for sure they do not short a stock. Considering the reduction in the short interest one can only conclude the bottom may have been reached.

Regards,

Addi Jamshidi
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