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To: Rudy who wrote (26299)	7/23/1998 3:34:00 PM
From: marc chatman	Respond to of 95453

Not any more. The short positions for several that I checked in the WSJ yesterday are down, and in most cases they are very low in terms of number of days volume to cover. There are a few heavier shorts, but they are arbitrage positions on mergers. I believe most of the heavier shorts day trade or position trade -- quick in and out moves. They get the ball rolling and then look to take profits.

To: Rudy who wrote (26299)	7/24/1998 10:16:00 AM
From: iandiareii	Read Replies (2) \| Respond to of 95453

OSX: JULY SHORT INTEREST FIGURES (NYSE; AMEX) Here's this month's snapshot of OSX short interest, followed by a few thread familiars. I used WSJ's volume to compute days-to-cover ratios. NASDAQ figures not due until tonight, so GLBL N/A. Entries read, left to right: trading symbol, # shares open July 21, % change open shares from June 19, # days' volume to cover. Bold figures indicate month/month percent gain. (Source: WSJ) TICKER......TOTAL.......CHANGE......DAYS-TO-COVER BHI ......... 13,719,946 ............ 16.8 ............. 8.6 DI ........... 4,112,116 ............ 16.7 ........... 4.7 FLC ......... 3,120,754 ............ -5.6 ............. 2.1 GLBL ......... N/A .................. N/A ............ N/A GLM .......... 4,244,524 .......... 41.6 ........... 2.2 HAL ......... 20,580,617 .......... -0.5 .......... 9.5 NBR .......... 8,335,622 ........... 6.5. ............. 10.8 NE ........... 1,907,250 ............. -5.5 ......... 1.5 RDC .......... 1,379,159 ............. 3.0 ........... 1.2 RIG .......... 1,401,708 ............. -11.9 ......... 1.4 RON ........... 818,161 .............. -22.5 .......... 1.1 SII ............ 19,574,575 .............. -0.2 .......... 0.8 SLB .......... 19,574,575 ............. 185.8 .......... 5.1 TDW .......... 3,642,455 ............. -40.4 .......... 6.5 VRC .......... 1,052,487 ............. -8.7 ......... 1.6 --------- ATW ............ 134,152 .............. -61.3 .......... 1.0 CDG ............ 129,758 .............. -39.6 .......... 0.3 DO ............ 8,735,166 ............. -7.1 ........... 6.0 ESV ........... 4,472,520 ............. -12.3 ........... 2.5 EVI ........... 2,070,172 ............. -35.2 .......... 1.6 PDE ........... 2,979,492 ............. -13.3 .......... 6.0 PDS ........... 1,448,292 ............. -3.0 ......... 12.1 PKD ........... 3,137,343 ............. -3.0 ........... 4.4 UTI ............ 147,158 .............. -21.7 .......... 0.8