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Technology Stocks : CLCX - Computer Learning Centers
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To: S. HYDER who wrote (320)3/1/1999 8:45:00 PM
From: CoffeePot  Read Replies (1) of 339
 
This could get interesting,, according to Yahoo the current float is approx 4.9mm shares while shares short as of February 8th is approx. 3.8mm....with a short position that large I think it's justifiable to add it to the current float to generate our current effective** float (**cuurent float + shares short) is approx 7.7mm.....which probably explains why the price only increased 50% on 5.2mm shares traded.....if CLCX's recovery continues I think we'll see a lot more short covering......which by itself could send CLCX through the roof. IMHO
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