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Technology Stocks : Information Architects (IARC): E-Commerce & EIP

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To: Robert F. Newton who wrote (7299)8/26/1998 8:53:00 PM
From: Jeffrey S. Mitchell  Read Replies (3) of 10786
 
Did you know the latest short interest figures are now 1,340,000 shares, up from 1,009,000 just 30 days ago? That's a staggering 33% increase.

To me, it means ALYD is spring loaded. The more shorts that pile on the more the spring is compressed... but it also means that the right kind of news will definitely cause whiplash to those who don't get off in time. No, I don't think the conditions are quite right for that to happen yet, but I also don't think the spring has that much more give left it in either. Don't forget we're talking about a company in ALYD that is fundamentally sound, having gone from .00 to .09 to .16 eps and I see that number rising again, breaking .20. Once Monica and this terrorist stuff are off the front pages, I definitely can see Y2K getting some heavy exposure and some buyers coming back in.

- Jeff
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