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Technology Stocks : Identix (IDNX) -- Ignore unavailable to you. Want to Upgrade?

To: David who wrote (15248)	10/22/1999 12:52:00 PM
From: brad greene	Read Replies (1) \| Respond to of 26039

David, Yahoo. They show about 1 million shares short as of Sept.8...and a short ratio of 13. We now know the short number has ballooned to 1.4 million. I did a rough extension.......If I'm incorrect....I'm sorry. Still......the shorts are betting against IDX right now....big....IMO. They must be thinking carnage. bg

To: David who wrote (15248)	10/22/1999 4:53:00 PM
From: J L Segal	Read Replies (1) \| Respond to of 26039

Market Guide shows IDX has 28.42mm shares outstanding and 14.8mm in float. Still, a short position = to 10% of float is definitely eye catching, esp. since the 38% increase over the last month. I wonder how many shorts are out there? Are there just a few/couple shorts holding very large positions? Looks like we could have some volatility next week. David, I know you're not an option player, but for those who are, could it be time to buy some puts for insurance? -or calls for if the shorts are wrong & we have a huge squeeze? Brad - what do you think - puts or calls, or maybe both? JL