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Technology Stocks : Electronics Boutique (ELBO)

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To: Victor Lazlo who wrote (27)11/29/1998 8:56:00 PM
From: brent gephart  Read Replies (2) of 779
 
The absence of short interest in my opinion is because, I believe, you can not short an IPO for 30 days except intraday. Buy the time the 30 days was ever the stock had already fallen with a p/e of 5, therefore not a very good candidate for a short. Now the stock has a nice up trend and ready to breakout not a good time to short either. Lastly, no one has been playing the stock since it went public, it is not on peoples radar.

Brent
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