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Technology Stocks : ACTM $100 Million Cable Modem Contract with MOT -- Ignore unavailable to you. Want to Upgrade?


To: Gordon Quickstad who wrote (387)1/9/1998 3:28:00 PM
From: Rob Preuss  Read Replies (2) | Respond to of 1250
 
Here's an interesting website that displays
the monthly short interest on Nasdaq stocks.

viwes.com

For ACTM, we see the following:

Month ShShort Volume S/A
12/97 331,105 90,078 3.68
11/97 224,295 129,688 1.73
10/97 147,015 298,080 0.49
09/97 90,777 109,536 0.83
08/97 86,647 84,285 1.03
ÿ
The number of shares short (ShShort) has been increasing
during the last few months while the average daily volume
(Volume) has been decreasing. Consequently, the ratio of
these figures (S/A) has been increasing. They say that this
ratio can serve as a rough measure of the days to cover.

Now I interpret this as saying that the street holds
rather pessimistic views regarding ACTM's prospects.
I'd be interested in how all of you see these numbers.