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Technology Stocks : STAR Telecommunications (STRX)
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To: Terp who wrote (232)7/30/1998 9:54:00 AM
From: Art C.  Read Replies (2) of 780
 
Terp--I personally take open interest as a neutral indicator. All that it really show is that there is increased activity on that particular investment. There is no indication if those open positions are buys or sells. Could be that all those open positions are sells, in which case, the investors who opened those positions are expecting(hoping at least) that the stock is going to go up. Who know?

Art
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