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Technology Stocks : IFMX - Investment Discussion

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To: Charles Hughes who wrote (11917)9/18/1998 4:35:00 PM
From: Robert Graham  Read Replies (2) of 14631
 
That short interest will still be there at 5.12. Shorters on a stock like this are very reluctant to cover. Remember that the stock already came up from 3 1/2 to 5 now which is close to a 50% increase. Did you see a significant amount of short covering when this happened? Probably not.

Bob Graham
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