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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: Ploni who wrote (4714)3/10/1998 8:27:00 PM
From: Bill Wexler  Respond to of 18691
 
<<ZONA's short interest is 2,836,000 (24.5% of outstanding shares); 11 days to cover. Bill Wexler, does this concern you?>>

No. It doesn't.



To: Ploni who wrote (4714)3/10/1998 8:31:00 PM
From: Oeconomicus  Respond to of 18691
 
YHOO showed 4,477,000 short; 3.6 days to cover

Charles, this could have been covered about six or seven times in the last ten days. Volume has been running about 3mm on average with two days over 6mm, including today. Yes, it was (emphasis on the past tense) a big short interest, but much of it was likely covered and with the volume up so much the ratio is not even close to 3.6 days any more.

Good Fortune,
Bob



To: Ploni who wrote (4714)3/10/1998 10:04:00 PM
From: S Shaw  Read Replies (1) | Respond to of 18691
 
Charles: (Or Pancho)

Re:AVNT. Don't want to seem like a rube but one must assume that a lot of shorts covered. Is that the explanation for the 2+ point runup since its recent low?

Re: WDRY It has been holding between 22 and 24 if I am correct. How do you relate that to the increase in short interest?

Scott