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Technology Stocks : The New QLogic (ANCR) -- Ignore unavailable to you. Want to Upgrade?

To: KJ. Moy who wrote (22514)	6/10/1999 10:55:00 AM
From: donald sew	Read Replies (2) \| Respond to of 29386

K.J.MOY, >>>> I think the shorts will lose this round and move on but not until they leave some on the table. Ancor is way too strong and the buyers are getting impatience, long and short. <<<<< Frankly, the last time I checked based on data from this thread, there really are not that many shorts on a percentage basis. If I recall correctly it was around 1%, which is below average. Frankly, I would prefer more shorts since that would help increase the volitility. Since ANCR is in a firm uptrend that would squeeze the shorts and more shorts the bigger the squeeze. Most look at shorts as the enemy, but I look at shorts as a partner. The greater number of shorts the greater the squeeze, of course there is a limit to the percentage of shorts. seeya