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Technology Stocks : Information Architects (IARC): E-Commerce & EIP
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To: Jeffrey S. Mitchell who wrote (7300)8/26/1998 9:09:00 PM
From: Paul R  Read Replies (1) of 10786
 
As one who is long "too much" at "too high" a price, the seeing of a substantial increase in short position is not a "comforting" factor.
Unfortunately, even though many feel that a large short position represents underlying buying, in actuality I've seen that that sharp increases in short postions, more often than not preceede downside movement in stock prices. Hopefully, ALYD will be in the minority and "catch" the shorts in a "Squeeze."
Until we see some specific information from the company about their future with ACTUAL moves to show that they are "serious," I fear that we willl continue to see further consternation and erosion.
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