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Technology Stocks : Data Race (NASDAQ: RACE) NEWS! 2 voice/data/fax: ONE LINE!
RACE 336.33+0.9%Feb 2 3:59 PM EST

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To: Marshall who wrote (31106)2/25/1999 9:11:00 AM
From: WW.com  Read Replies (1) of 33268
 
Marshall - Short Interest 2/15/99:

Per the WSJ today:

1/15/99 2/15/99
705,984 1,649,381

> It is my understanding a fund has taken a large short position in Race based upon MISinformation...

> There will be approx 300K shares avail on 3/16/99 from the last convertible deal, but it is NOT a death spiral convert, the seller has NO incentive for the share price of Race to go down, in fact the seller has every incentive for the RAce stock to go UP.

Likely that the entire block of 300K shares will be purchased, and the purchase will be arranged in advance of 3/16/99..even if shares are sold on open market, not a big deal, not alot of shares considering the volume in RACE for the last several months.

> Very encouraging how an additional 1million shares could be shorted in the last 30 days and Race is still trading in the $6 - $8 range.

Good things happening at Race...time will tell.

Good Luck
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