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To: Nelson Chang who wrote (660)11/1/1999 10:24:00 PM
From: Mark B. Stutman  Read Replies (1) | Respond to of 1239
 
"I don't believe it has. And I don't believe that much of the shorts have covered. From my experience, the # of short sellers only decreases w/ a significant rise or fall in the stock price. We haven't really had either since the release of the Octobers numbers. So its safe to assume there is still a sizeable short interest out there."

With respect, stock price is up nearly %150 since 5 weeks ago. Trading volumes and price rise in the past two weeks seemed to indicate a short squeeze, which appeared to be abated by Thursday. I would appreciate more discussion about your assumption that there is still a sizeable short interest on the table, as I am inexperienced in this area.

Thanks.