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Technology Stocks : Globalstar Memorial Day Massacre -- Ignore unavailable to you. Want to Upgrade?

To: anandnvi who wrote (167)	5/13/2000 4:38:00 PM
From: Morris Catt	Respond to of 543

Re: >>>>>>Actually, moving from margin to cash was suggested after rmbs tanked from $471 to $400-.<<<<<<<<< No, subject of short interest has been a big subject on RMBS thread for months. See message #33004 on 10/27/99 and numerous messages on short interest thereafter. Would agree however that current effort of GSTRF is better thought out and more discussed. RMBS short interest peaked in Dec'99 at 8.923 M shares (short ratio of 7.25) and shares short stayed high for Jan'00 (8.76M shares & short ratio of 6.82) and Feb (8.83 M shares with short ratio dropping to 4.51). At peak of shares short RMBS had roughly 35% of shares outstanding short. GSTRF using April numbers had roughly 26% short with a short ratio of 6.19. Regards, Mac