SIEB Siebert Financial Brokerage Message Board

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Technology Stocks : SIEB Siebert Financial Brokerage

SIEB 2.740

-1.8%

Nov 3 3:59 PM EST

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To: Sun Tzu who wrote (216)	4/9/1999 12:24:00 AM
From: Randy Elder	Read Replies (1) of 284

SunTzu: I am curious about how you arrived at your 1.1 million figure. Looking at the 10-K I offhandedly estimated that there are a little over 2 million shares in the float (this is based on the assumption that essentially all of the nearly 1 million newly issued shares from the rights offering are now in the float). Another way that I arrive at a similar figure is by subtracting Muriel's holdings from the total outstanding shares, leaving about 2.2 million. Am I missing something? Of course this could be a purely academic discussion because with the recent jump, who knows what the current short interest is. Happy Trading

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