Safeguard Scientifics SFE Message Board

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Technology Stocks : Safeguard Scientifics SFE

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To: michael r potter who wrote (3016)	6/4/1999 5:14:00 AM
From: robert miller	Read Replies (2) of 4467

Michael, The short interest as of 5/10/99 was very low. Does anyone have assess to updated information? With the recent action, I would guess it is back to the 5/10/99 level or probably higher. Just observing the increased short posts on this and the Yahoo board would indicate this is true. The intelligent shorts must be ready to protect their recent profits. SFE has good fundamental news recently[ICGE S.R. ex date of 6/14/99]. If I were short I would consider the possibility of loosing my new won profits in a short covering rally. Of course the overall internet picture will be the trigger either up or further down. Whatever happens in the internet stocks happens very quickly. We don't have to endure the slow drop over a prolonged period of time. It makes for huge buying opportunities like now and huge shorting opportunities like 5/10/99. Short Interest month shares % outs.% float days 05/10/99 0.372 1.124 1.420 0.266 04/08/99 3.201 9.668 12.218 2.692 03/08/99 2.128 6.427 8.122 11.692 02/08/99 1.980 5.980 7.557 7.472 bob

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