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Technology Stocks : Formulab Neuronetics Corp.(FNCLY)-Anyone following this CO -- Ignore unavailable to you. Want to Upgrade?

To: rod runyan who wrote (90)	11/11/1997 6:49:00 PM
From: Dan Thomas	Read Replies (1) \| Respond to of 210

To draw any real conclusions, I looked at the short position divided by avg volume. The # days to cover was from 1.38 to .20, indicating that short position was not enlarging as a percentage of sales volume. Almost as if we had arrived at an approximate bottom for the stock. Actually, I found it encouraging. NOT to mean the stock can't go lower, but it appears to have stabilized. If the stock can muster some sales and profits, it should move up nicely. The waiting may pay off handsomely. Regards, Dan PS. Bought some today at 3 15/32 ... am going to accumulate on price dips under 3 1/2.