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.

Technology Stocks : MRV Communications (MRVC) opinions? -- Ignore unavailable to you. Want to Upgrade?

To: James Young who wrote (6533)	12/17/1997 11:19:00 PM
From: eugene salazar	Respond to of 42804

james here's a link to get nov short interest numbers. (sorry if it has already been posted) viwes.com eugene

To: James Young who wrote (6533)	12/17/1997 11:31:00 PM
From: Dan Spillane	Read Replies (4) \| Respond to of 42804

James, is this stock going to zero? Per the chart, short interest went up in November, and I'm sure much more the first few weeks of December. It's not just short-selling, but tax-loss too. And then panic. These work together...that's why it makes sense for hedge funds to short heavily near the end of the year here. These guys get paid based on maximum return... I should also add, options can be used to create "synthetic short positions" which is difficult to measure. Speaking of options, I'm sure the recent moves are to a large part related to them. We've already discussed Asian exposure, ad infinitum. MRVC has about the same exposure as Cisco (12-15 percent). Cisco is near a 52-week high, MRVC is near a 52-week low.