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Technology Stocks : Winstar Comm. (WCII) -- Ignore unavailable to you. Want to Upgrade?

To: IMATR8R2 who wrote (2623)10/28/1997 6:56:00 AM
From: gabor boda  Respond to of 12468
 
A few interesting observations. 1) WCII short position nearly doubled from Sep-Oct timeframe. 2) NASDAQ short position during the same period was up by over 10%. Yesterday, the NASDAQ dropped 7.5%, while WCII dropped 18%. One would have thought that at some point yesterday, the shorts would have covered, given the current bright outlook for WCII. They did not....ergo, why? It appears that yesterday's drop was definetly anticipated by the preverbial "them".


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