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Technology Stocks : Quarterdeck: Making a Striking Comeback! -- Ignore unavailable to you. Want to Upgrade?


To: Jesse Livermore who wrote (2514)3/25/1998 10:34:00 PM
From: Mike  Respond to of 3307
 
To all,

Does anyone know what kind of impact the short interest may have on QDEK in the near future?

According to viwes.com , there is over 600,000 shares in short interest. Is this significant with over 43 million shares outstanding? At first glance I wouldn't think so, but with an average daily volume of roughly 300,000 it may have an impact if things start to move up.

Also, the short interest has grown since many of the shorts covered in November. Why are there still 600,000 shares short? Why not cover at these prices?

Any thoughts?

Mike



To: Jesse Livermore who wrote (2514)3/26/1998 2:43:00 AM
From: Brendon Woirhaye  Read Replies (1) | Respond to of 3307
 
Selling off INFO would inflate a quarter's earnings artificially, which could lead to the next quarter's earnings being disappointing.