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Technology Stocks : Electronics Boutique (ELBO) -- Ignore unavailable to you. Want to Upgrade?


To: Professor Dotcomm who wrote (686)5/4/2000 1:00:00 PM
From: Mad2  Read Replies (1) | Respond to of 779
 
Just looked at short interest on elbo, it rose from 27k in March to 375k on April 10th.
I would infer that someone bought funco and sold elbo short.
As that play worked out well, it should provide some additional demand for the stock going forward as they cover the arb play (assuming it wasn't covered in the volume of the last few days).
mad2