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Technology Stocks : Intermagnetics (IMG) -- Ignore unavailable to you. Want to Upgrade?


To: Mark Shaw who wrote (3245)1/12/2000 9:53:00 AM
From: Tom Linzmeier  Respond to of 3448
 
Short interest has increased in IMG to over 700,000. (from yahoo's profile page) We had the short interest down to about 440,000 in Sept.

To quote either Butch or Sundance, "Who are these guys?"

They must be hedged because, sales should expand with the Phillips deal, earnings are on a great trend. No problems financially.

If the stock price were higher, I suggest doing a secondary. The proceeds could be used to retire the convertible stock that's outstanding. That's probably who doing a hedged short.

Any ideas on how to find out who's short?