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To: Robert T. Quasius who wrote (72265)9/4/2000 9:04:04 PM
From: JHR  Respond to of 95453
 
Robert, on SFY. There may be shorts out there, but in looking at it institutions own 73% of the 22 mil outstanding or about 16.2 mill. Insiders own 8%, 4 others own 32% which I guess means that some of the 4 "others " must be institutions otherwise the nums dont add up. If I'm reading the report right Oppenheimer and Smith Barney have options on 10 mil shares at a price around $9.00.

Of the 22mil the float is 13.3 mill. One of two possibilities I guess, there aren't many shorts, or if there are some there isn't much stock for them to chase un which is where you're coming from I guess. The average monthly volume is 3.7 mil.

At any rate, looks like a good buy.