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 : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Dealer who wrote (44571)	11/29/2001 12:28:00 PM
From: Sully-	Respond to of 65232

Short Interest in Nasdaq Stocks Hits Record Amid Climb in Tech Sector By CASSELL BRYAN-LOW Staff Reporter of THE WALL STREET JOURNAL NEW YORK -- Short interest in Nasdaq stocks rose to a record level, as the technology sector continued to climb. The level of short sales not yet closed out, known as short interest, rose to 4,175,725,953 shares on Nov. 15, up from 4,062,363,080 shares through mid-October. The figures include Nasdaq small-capitalization and large-capitalization stocks and reflect transactions through Nov. 12, allowing extra days to complete settlement. Short sellers were covering some of their positions during October, to lock in profits, which in turn helped lift the market higher, said Harry Strunk, an investment adviser in Palm Beach, Fla., who surveys professional short sellers. Traders who sell securities "short" borrow shares and then sell them, betting they can profit by buying the stock back -- or covering those positions -- later at lower prices. Short interest reflects the number of shares that haven't been repurchased for return to lenders. See complete short interest figures from the Nasdaq Stock Market. On the Nasdaq SmallCap Market, which is made up of the 683 smaller-cap stocks with a capitalization of at least $35 million, the number of short sales outstanding rose 9.8%. It was up 2.7% for the 3,400 larger-cap stocks on the Nasdaq National Market, which generally have a capitalization of over $50 million. Short interest is often considered an indication of the level of skepticism in the market. Aside from making negative bets, investors may rely on short selling for other purposes, such as a hedging strategy related to corporate mergers and acquisitions, for convertible securities and options, and for tax purposes. The Nasdaq National Market's short-interest ratio rose to 2.20 days from 1.96 days in the previous month. The short-interest ratio for the smaller stocks was 2.38 days, down from 2.80 days. The ratio is the number of trading days that would be required to close out the short positions through share purchases and is considered a measure of trading sentiment. The following companies had the largest volume increases in short sales outstanding: Sun Microsystems Inc. rose 13,775,814 shares to 40,926,925; Intel Corp. rose 13,154,392 shares to 90,261,854 shares; XO Communications Inc. rose 12,330,216 shares to 44,067,387 shares; and Nextel Communications Inc. rose 10,733,434 shares to 58,571,304 shares. The next Nasdaq short-selling report will be published in The Wall Street Journal Dec. 27.

To: Dealer who wrote (44571)	12/5/2001 8:22:22 AM
From: IngotWeTrust	Read Replies (1) \| Respond to of 65232

I feel so honored to have been on your wave-length Dealie, when posting my pru-ELON sell bit the other day within a few seconds of you doing so from way down there in Georgia, three hours earlier than me...guess mental telepathy doesn't know "time zones, eh?" May I offer lighter fare for a moment THIS fine blustery/blizzardly Eastern Oregon morning? I usually don't read these things, but this one works...and I thought of the porchers immediately! Enjoy, y'all Dear Lord: Every single evening As I'm lying here in bed This tiny little prayer Keeps running through my head . God bless my Mom and Dad, And other family. Keep them warm and safe from harm For they're so close to me And God, there is one more thing I wish that you could do. Hope you don't mind me asking, Bless my computer too. Now I know that it's not normal To bless a mother board, But listen just a second While I explain to you 'My Lord'. You see, that little metal box Holds more than odds & ends Inside those small compartments Rest so many of my FRIENDS. I know! so much about them By the kindness that they give And this little scrap of metal Takes me in to where they live. By faith is how I know them Much the same as you We share in what life brings us And from that our friendship grew. Please, take an extra minute From your duties up above To bless those in my address book That's filled with so much love! Wherever else this prayer may reach To each and every friend, Bless each email inbox And the person who hits send. When you update your heavenly list On your own CD-ROM Remember each who've said this prayer Sent up to God (dot) com. Amen.