Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: pater tenebrarum who wrote (78684)	3/28/2000 9:15:00 AM
From: Earlie	Read Replies (2) \| Respond to of 132070

Heinz: Man, do we agree. All those computers in the big fund offices that used to be aimed at company/industry fundamentals are now used to track short positions and stock momentum. (ng) It is for this reason that I have eschewed shorts (except mortally wounded types) and prefer D-O-O-T-M puts, which allow one to retain exposure to the more outrageously valued tulips as a form of inexpensive market insurance. I also agree with your "index juicing" comment re. the heavily cap weighted darlings. They didn't make those changes to the Dow earlier this year for nothing. (g) Good comments. I only wish you had a bigger audience for these observations. Best, Earlie

To: pater tenebrarum who wrote (78684)	3/28/2000 11:16:00 AM
From: John Koligman	Read Replies (1) \| Respond to of 132070

Heinz, I show the following numbers for Cisco, looks to me like short interest has gone down over time. I think the story at Intel is the same but I have not checked yet. Doesn't look like a large percentage short interest to me. Then again, anyone who shorts or has shorted Cisco would be better off putting their hands in a bathtub full of water with a live wire in it <ggg>. Regards, John Short Interest Month Shares (Mil) % Outs. % Float Days 02/08/00 80.242 1.157 1.180 1.352 01/10/00 77.462 1.117 1.139 1.932 12/08/99 91.122 1.313 1.340 2.089 11/08/99 90.954 1.311 1.338 1.882 Edit: Here is the data for Intel: Short Interest Month Shares (Mil) % Outs. % Float Days 02/08/00 34.173 1.023 1.099 1.238 01/10/00 32.112 0.961 1.033 1.200 12/08/99 36.786 1.101 1.184 1.702 11/08/99 36.699 1.098 1.181 1.357