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Technology Stocks : Omega Research (NASDAQ:OMGA)
OMGA 0.145+641.5%Feb 24 3:59 PM EST

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To: NASDBULL who wrote (250)2/26/1999 6:43:00 PM
From: Never Hibernate  Read Replies (3) of 516
 
I think it bearish - it means everyone is reserving shares to get their shorts off and there are not many borrowable shares left. There was a rush of short selling at the close - one of them was me. You may find it bullish from a short squeeze point of view...but the squeeze is over and dead now. It was fun for you, but I hope you got out today @ 13 - it will be a long time until OMGA hits 13 again...

-NH
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