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Technology Stocks : VLSI Technology - Waiting for good news from NASDAQ !!! -- Ignore unavailable to you. Want to Upgrade?


To: OldAIMGuy who wrote (2880)2/1/1998 3:29:00 AM
From: Tech Investor  Respond to of 6565
 
I think it's pretty stupid for people to short VLSI at this level, well the more the marrier, will add fuel to the rocket back to 30 by by this August. :)

Regards



To: OldAIMGuy who wrote (2880)2/1/1998 12:32:00 PM
From: WTSherman  Read Replies (2) | Respond to of 6565
 
Tom, correct me if I'm wrong, but, don't you have to take into account the "two trade" issue with a NASD stock when calculating Volume Days to Cover? What I mean is that if there are 2M shares shorted, this is an actual 2M shares that have already been shown and somebody must buy to cover at some point. But, ave. daily volume overstates the actual number of shares transferred from one owner to another since NASD counts the MM buy as one trade and their sell as another....



To: OldAIMGuy who wrote (2880)2/1/1998 5:06:00 PM
From: Maui Jim  Read Replies (1) | Respond to of 6565
 
Hi Tom:

Thanks for the short data. Looking back over a year, when VLSI short interest/days to cover moved up, it signalled a rally; Conversely shorts fell when the stock moved close to 40, and we know what happened after that! Jim