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Technology Stocks : Able Telecom (ABTE)

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To: Mama Bear who wrote (465)2/16/1999 10:48:00 AM
From: Questerr  Read Replies (1) of 700
 
Barb, it would be a bit ironic if the "shorts" come up a bit short on this one, wouldn't it? Maybe you can explain securities lending to someone who works in the industry. 2.8 million shares of Able Telecom are short on a float of 7.6 million float with increasing institutional ownership. I like the mathematics in THAT equation. 373,000 shares traded have traded so far (10:45) and the stock is up 1 1/8 to 9 11/16. Hmmmmmmm.......
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