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Technology Stocks : DianaCorp (DNA)-Hype is over- Respect begun- Many shorts
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To: mike canavan who wrote (74)1/29/1997 5:47:00 PM
From: Mr. Short   of 201
 
The short position is in no danger with this type of volume Mike. I do agree that if volume drops back to the 30,000 range the days trading to cover shorts would be huge. Todays low of 13 3/4 should worry those long that the stock could begin a move below ten. It began at 5 and has made no solid progress on the Sattel front that I'm aware of. Today the market was up 85 points and Diana made a strong downward move. The stock could move well below 10 in a strong correction.
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