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Strategies & Market Trends : Electronic Contract Manufacture (ECM) Sector -- Ignore unavailable to you. Want to Upgrade?

To: patroller who wrote (1237)	2/13/1998 5:32:00 PM
From: Asymmetric	Read Replies (1) \| Respond to of 2542

Patroller. Check out Xylan. This should be a great play if you're looking for a short squeeze. Stock has over 10 million shares shorted, with a days to cover ratio at 14.8. They reported earnings which beat First Call estimates by 2 cents I believe, and get this - Jeff Vinik has just filed a 13G (D?) where he has taken a 6% position in the stock. Also the stock once sold in the heady area of $70/share. Company is on a new product cycle (the Omniswitch) and networking stocks now showing good strength - ie Ascend, Bay, Tellabs. Stock now selling around $20 and change. (PS I'm trying this one myself!)