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 : Qwest Communications (Q) (formerly QWST) -- Ignore unavailable to you. Want to Upgrade?

To: Frank Wechsler who wrote (1017)	3/25/1998 3:03:00 PM
From: Phil Jacobson	Read Replies (2) \| Respond to of 6846

<< wouldn't the large increase in short interest partly be due to the recent 2 for 1 stock split? >> Do you mean that people shorted it because of the quick price rise attributed to nothing more than the split? Yeah, that could make sense, but it also went up because of the LCI deal. Come to think of it, there was that fund manager who got Bus. Week to post her "opinion" that QWST would make a great short while ICIX was her favorite long...this would be the reason the short position went up so much. What a joke that was, being able to profit like that by getting your positions published in a national rag whose readership reacts as a herd. What I was really saying was maybe QWST is tanking a bit TODAY because the WSJ made note today that QWST's short position increased a lot last month...people who don't follow the stock closely might see today's article as a bearish signal. Who knows, it's probably not even that complicated. Let it ride... Phil