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Technology Stocks : Data Race (NASDAQ: RACE) NEWS! 2 voice/data/fax: ONE LINE! -- Ignore unavailable to you. Want to Upgrade?

To: Bill Fischofer who wrote (25983)	11/23/1997 4:43:00 PM
From: Jan Robert Wolansky	Respond to of 33268

Bill, very good analysis. Thanks.

To: Bill Fischofer who wrote (25983)	11/23/1997 5:20:00 PM
From: White Shoes	Read Replies (1) \| Respond to of 33268

Continued rounds of dilutive financings would be forced by continued operating losses and weak sales, not 'the shorts'. This theory that short sales have something to do with RACE's woes or the stock's woes just kills me. If people wanted to buy the stock the price would go up. Shorts greedy? Irrelevant.

To: Bill Fischofer who wrote (25983)	11/23/1997 5:26:00 PM
From: MadMax	Read Replies (1) \| Respond to of 33268

Bill, Very clearly laid out scenarios with a netural slant, rather uncommon on this thread!!! - Could I ask you if you have a "Jump-in Point for RACE??? MadMax

To: Bill Fischofer who wrote (25983)	11/23/1997 5:54:00 PM
From: Niels Larsen	Respond to of 33268

I am guessing that the main part of the short position is hedging by big longs. I mean people who have a comparable number of long and short shares, so that their account dont change much no matter what way the stock moves. Which may be the reason that they are not in a hurry to cover at all. Then, once it becomes clear that Race is on a safe path, they can cover at any point they consider safe. I agree it is too risky to be purely short now. And I think that $6.45 magical price will be passed easily even if converts choose to sell there, because when there is a clear path to profitability, buyers will keep pouring in.