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 : Westell WSTL -- Ignore unavailable to you. Want to Upgrade?

To: Skiawal who wrote (11068)	5/28/1998 12:41:00 PM
From: Eric Goethals	Respond to of 21342

Nov Dec Jan Feb Mar Apr Price 18 14 12 13 13 12 SShort 3,181,916 2,321,149 2,339,741 2,223,615 2,161,3422 2,162,699 Back in mid Nov when the stock price was 18 there were 3.1M shares short. At mid Apr, there were 2,161,342 SS. This means on AVERAGE 3,181,916 - 2,162,699 = 1,019,217 shares were covered by the end of April. One can argue that there are about 2M SS around the price of 18 and higher. And since they did not cover last time the stock went to the 10's (just before the new year) I don't see them covering now. What I am saying is, in the last 6 months there has been no additional interest in shorting this stock. I don't think we are going to get much more out of this data since it is a snapshot taken on the 15th of every month. That is, the data for May will reflect the stock price of 11.5 . (I sure would like to see it when the price is 9). viwes.com