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.

Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: SBHX who wrote (6723)	10/25/2000 12:26:02 AM
From: Dave B	Read Replies (1) \| Respond to of 30051

SbH, re: SSTI. FWIW, my next door neighbor works there. He was telling me that the feeling around the office is that the $2.90 projected earnings for next year is conservative. Take this with a huge grain of salt. Dave

To: SBHX who wrote (6723)	10/25/2000 9:00:07 AM
From: Zeev Hed	Read Replies (1) \| Respond to of 30051

Yes, the increase in SSTI' short position is a problem and an indication that someone has a big bet against it, on the other hand, large short position when a stock keep reporting outstanding results could lead to a short squeeze. There is a possibility that the big increase in shorts during the last reporting period might have been associated with SSTI cancelled secondary, but it is still something worth watching. If the short do not start to cover when the stock dips under $20' you may come to the conclusion that they know something we don't (like an impending over supply or slackening of demand). That is why you don't fall in love with a stock and when it goes against you, you just admit you were (I was) wrong and move on to another situation. Zeev