To: Gurupup who wrote (2147 ) 1/23/1998 5:17:00 PM From: Wayne Respond to of 7111
Skipard, It is not for lack of belief as much as perhaps lack of concern. If someone could tell me hard and fast that FAHN or whoever shorted X amount of shares and give some time frames, then it would put all of the "to do" into some perspective, and could be addressed to the appropriate degree that it warrants. When all that we have is "we have a shot seller", I am not real sure what the value of this by itself is, other then creating more speculation and guess work. Short seller or not, there are other trades going on out there that are typical to how this stock has performed in past quarters and previous trends. If the goal of the shorters are to drive the price down, they have failed to do so over the past week. As of the 15th we are up $1 on the daily low, up $1 11/16 on the daily high, and up $1 7/8 on the close. I pick the 15th due to post #1916. Considering the overall market conditions, this is not to shabby. To a large degree Skipard, the stock seems to be reacting very typical for the time frame to earnings release. If we are now going into a lower volume period, this would also be in line with past pre release run ups. I am not doubting your information. I only fail to see it as outweighing the basic trends and fundamentals that I see as still being in control of this stock. The shorts will have to cover and to every action there is an equal and opposite reaction. As far as I am concerned, anyone shorting this stock is standing in front of a freight train. Maybe I am missing the big picture on the effect of this but I assure you that this is not anymore of a passtime for me then it is for you Skipard. Best wishes, Wayne