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To: Wayne who wrote (2251)1/28/1998 12:33:00 PM
From: Skywatcher  Respond to of 7111
 
We all should be careful however if they have or have had near that many shares, they may also be letting this thing go up and then start again...shakes out all those buying now and on the way up from 13 or so. They can make more shorting it back down again...that's what they sometimes do...and since it hasn't really started to get back to a decent PE yet...beware.
chris



To: Wayne who wrote (2251)1/28/1998 12:33:00 PM
From: SunFun501  Respond to of 7111
 
we may be getting carried away.......but who cares...its sure is fun to believe that we have even more upside to this stock then just the companies fundamentals



To: Wayne who wrote (2251)1/28/1998 12:42:00 PM
From: j rector  Read Replies (1) | Respond to of 7111
 
wayne,

I think the float is nearer to 9.5 million and roughly 3 million
shares were traded in the shorting action of early jan. If
we assume that the trades are roughly triple counted, we're
at about 1MM shares shorted, add that to the 300K and I think
you get close to 15%. As Dennis says, we'll know better in
a few days.


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