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Technology Stocks : Citrix Systems (CTXS) -- Ignore unavailable to you. Want to Upgrade?

To: Mike Buckley who wrote (7516)	1/20/2000 8:20:00 AM
From: David Lawrence	Read Replies (1) \| Respond to of 9068

Mike, Probably not, because daily volume rose along with the increasing short interest to where it was slightly over 1 days volume to cover. However, if the January number is significantly lower, it probably means that some long shares "shorted against the box" to lock in their gains over the Y2K period, and repurchased in January. It may have contributed to the rise, but only on a limited basis since it represented only a fraction of total volume. Bottom line is that it would take 10x as many short shares to cause a squeeze - there's just too much liquidity at present trading volumes. David