Remark
1 IMAT Imatron Inc.
date short daily vol. percentage
07/98 5,717,879 718,433 7.96
06/98 4,805,467 1,087,397 4.42
05/98 3,955,102 592,680 6.67
04/98 3,688,922 1,243,781 2.97
Rising short interest: The shorts have done quite well on this stock in the past several
months, but if the numbers are better than expected watch for a quick and bloody
squeeze to shake out these nearly 8% of short shares. That could put the stock up over
3 or 3 1/2 very fast, though whether that is a sustainable level will depend upon the
actual numbers. I think it is reasonable to expect a squeeze on the shorts, if the
numbers are 6 or more Q2 sales and SERIOUS evidence that the Q3 and Q4 sales
are going higher.
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