Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : YURI ( YURI SYSTEM ) -- Ignore unavailable to you. Want to Upgrade?

To: The Phoenix who wrote (647)	2/25/1998 6:57:00 PM
From: Venkie	Respond to of 1181

Will check Cien now..Good luck

To: The Phoenix who wrote (647)	2/25/1998 7:19:00 PM
From: larry	Respond to of 1181

Gary, Do you know the new short interest in YURI till Feb. 15? We have got the attention from the bears to enjoy a hefty 3.2 m shares short now! That's a 48% increase since last month and should account for the recent weakness in this stock. We have less than 9 m shares floating. Amerindo investment holds 2.6 m shares which are not lent out to the bears (I am sure). Jeff Vinik, the guy who squeezed YHOO! shorts badly has more than 0.52 m stake in YURI (can he buy more?) and I am sure that some of the other institutional holders are not lending out their shares... We have only 28% of the shares floating in the hand of individual investors (around 2.5 m). My calculation indicated that more than 65% of the shares we individual investors own are shorted. This is really getting ridiculous and why don't we longs take advantage? Call the shares and let them buy the issue from open market. Don't you guys see that this might turn out to be another squeeze like YHOO!? Close to 40% of the floating shares are shorted currently. Let's take advantage of this situation. I am definitely gonna buy more soon. What's your guys opinion? !LARRY!:)