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Technology Stocks : Perot Systems (PER)
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To: EyeDrMike who wrote (355)2/14/1999 4:54:00 PM
From: gizelle otero  Read Replies (2) of 542
 
84 million shares? Not that YOU can buy. Those are locked-up, restricted shares in the hands of institutional investors who have promised Ross they are holding in return for the 30-50% growth over the next 5-10 years.

There are 6.6 million shares out there. But the float (for you to buy, sell, short or whatever) is MUCH lower, probably about 1-2 million shares.

Shorters will find that out next week when the stock starts climbing again and we have a "short squeeze". That's when we try and get the elephant-sized number of shorted shares through the eye-of-a-needle float.

You will see some real fireworks. Could take out the old high of $85.00/share easily.

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