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Technology Stocks : S3 (Multimedia semi's place 2be)
SIII 0.00010000.0%May 12 5:00 PM EST

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To: Daniel Simon who wrote (8020)3/3/1997 2:09:00 AM
From: Niels Larsen   of 9477
 
Daniel S,

How fast has the short interest increased percentage wise? And
how do I find an up-to-date number of short sold shares? Btw,
in the company that is my biggest holding there are about
900,000 shares short, out of 4,700,000 outstanding. That is 20%,
twice as much as what you say there are in S3. In reality it is
perhaps more like 40%, because we know that about half of the
shares are tightly held by funds and individuals who dont trade.
So if you have the mother of all squeezes, we should have the
grandfather. And it might get triggered this coming week.

Niels L
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