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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Tony Viola who wrote (58775)	6/25/1998 2:36:00 PM
From: Burt Masnick	Read Replies (1) \| Respond to of 186894

Info on Intel shorts. Read this all the way to the bottom. June 25, 1998 Nasdaq Reports a 6 Percent Rise in Uncovered Short Sales Open positions of short sales on the Nasdaq stock market rose 6 percent, to 2.09 billion shares, for the month that ended June 15, the market said. The June short positions equal 3 days of average trading volume on the Nasdaq, up from 2.46 days on May 15. For the second month, Worldcom had the largest short position on the Nasdaq and the largest increase in short positions. Short positions in Worldcom totaled 116.95 million shares on June 15, up 14.1 million shares, or 13.7 percent, from May 15. The previous month, the short position rose by 28 million, or 37.4 percent, to 102.9 million shares. Worldcom is awaiting government approvals to acquire MCI communications, the long-distance telephone company. Short-sellers borrow, and then sell, shares whose price they expect will fall. They profit if they can buy new shares at a lower price to replace the borrowed ones. High short-interest positions are often considered an indicator of bearish sentiment among investors. But short interest can also increase as a result of complex trading strategies involving options, futures and other stock-related derivatives. The second-largest short position, and the second-largest increase, was in Intel, the computer chip maker.

To: Tony Viola who wrote (58775)	6/25/1998 2:42:00 PM
From: Jeff Fox	Read Replies (2) \| Respond to of 186894

Tony, re: Politically incorrect Paul 1 Tony 0 You see Paul's post is gender neutral. Nowhere did Paul allude to the sex of the secretary :) Seems you might have some explaining to do with the wife... Jeff