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To: Jan Crawley who wrote (88362)12/22/1999 4:30:00 PM
From: Olu Emuleomo  Read Replies (2) | Respond to of 164684
 
>>Cmrc's float is 3M and short interest is over 1M <<<

Smells like a short squeeze to me....

--Olu E.



To: Jan Crawley who wrote (88362)12/22/1999 4:44:00 PM
From: H James Morris  Respond to of 164684
 
Jan, it was not easy to get Cmrc short shares. The bad news is I can no longer make any profits on my long shares.
I made this decision based on the fact that someday soon Cmcr will have to show something.
Plus a split increases the float.
<<Commerce One Inc. {CMRC}, which has barely been public for six months, will be paying shareholders their first stock dividend after the end of trading tomorrow. Shares of the ultra-hot B2B company have diverged from their 10-day moving average ahead of the split and the stock is currently up $48 to $528. The stock appeared in the 3:15 p.m. EST ProSearch run of Stocks on the Move Today.

Though the Wilder RSI score has remained at or above 70 for the past two months, the CMRC's minimal float of 3.3 million shares combined the prospect of explosive growth over the next several years, has propelled the stock to a 18-week gain of 935.3 percent. After accounting resistance at $426 during the past two weeks, CMRC has jumped to set new record highs as investors position themselves to take advantage of the forthcoming split. Though stock splits have no effect on the underlying fundamentals, the increased size of the float could bring additional interest by institutional buyers and, as a result, provide further impetus for the stock to continue along its steep upward trend.

Six month chart of SDLI with 10-day moving average and 14-2 Wilder RSI.

Commerce One provides business-to-business electronic commerce software solutions. Revenues for the nine month period ended September 30, 1999 totaled $16.7 million compared to revenues of $1.5 million for the same period a year prior. Cumulative losses per share narrowed to $5.31 compared to $5.73. The September 30 balance sheet shows cash and cash equivalents of $116.2 million and a nominal level of long-term debt. Shares outstanding total 24.1 million with a float of 3.3 million.>>



To: Jan Crawley who wrote (88362)12/22/1999 10:27:00 PM
From: Victor Lazlo  Read Replies (1) | Respond to of 164684
 
PCLN down 4% today.
Just making my nightly rounds at the asylum.

Dr. Victor



To: Jan Crawley who wrote (88362)12/22/1999 10:48:00 PM
From: Victor Lazlo  Read Replies (2) | Respond to of 164684
 
Further declines in PCLN stock are obviously imminent.
Tell me about your feelings regarding this situation.

Dr. Victor