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Technology Stocks : Cadence Design Systems -- Ignore unavailable to you. Want to Upgrade?

To: dr_elis who wrote (588)	11/16/1999 10:44:00 PM
From: Trey Yon	Respond to of 668

Did any of you old-timers notice that Joe Costello joined the Board at Calico Commerce (CLIC)?? biz.yahoo.com I wonder if he can be a rainmaker over at CLIC, like he was at CDN? As if CLIC needs another FLOOD. ... CDN acting very well, tempting me greatly. Practice being patient.

To: dr_elis who wrote (588)	11/16/1999 11:56:00 PM
From: XBrit	Read Replies (1) \| Respond to of 668

Institutional start-of-year buying and short squeeze I think we had some institutional buying following the end of (many funds) financial year on Oct 31... institutions thinking CDN is a good buy but not wanting to be seen holding it at the end of their 99 (because it was a dog for 10/98-10/99). And apparently the buying was just enough to set off a short squeeze. The run from 17 3/4 upwards was almost all short covering, my guess. There were about 8 million shares short around then, I read somewhere, so even if only 20% of them covered, that would do it. That's why there's been no follow-through. All IMO, of course.