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 : CyberGuard Corp. (CYBG) -- Ignore unavailable to you. Want to Upgrade?

To: uu who wrote (1895)	8/3/1998 9:13:00 PM
From: Kevin Podsiadlik	Read Replies (1) \| Respond to of 2616

So, to summarize, first you confidently predict a short squeeze some time in the future: when (not if) the time comes and amature(sic) shorts such as Wexler are squeezed horribly And then you crow about how short interest has fallen and not subsequently risen: According to the official data the short interest on CYBG has dropped over 50% from month of May to June. And from June to July it only increased by 100 shares Mr. Jamshidi, with all due respect, if you understood almost literally the first thing they teach about stock shorting, you would know the conditions necessary for the coveted "short squeeze" to happen, and you would then know exactly what is contradictory about the above two statements. In truth, of course, the change in the short interest is quite easy to understand by comparing it with a chart of CYBG price and volume. CYBG had pulled a four-bagger in three months. Then suddenly the volume dried up. That was when the shorts moved in. After CYBG dropped 40%, the shorts by and large cashed out. Actually, if you go back to the VIWES site and check out twelve months back on CYBG, you'd see that apart from the May spike, short interest has been very steadily rising. It's now at two days volume. When it gets to five days, then we can talk about a short squeeze. Or, if you really think it will help, you may remain silent instead. That will be fine too. and especially in the temporary bear market that we are having this is indeed a very good sign Oh, and also note that the figure was as of July 15, and the recent slide in the market started on the 20th. Sorry, no good.

To: uu who wrote (1895)	8/3/1998 9:22:00 PM
From: Steve Antonelli	Respond to of 2616

William J O'Neil of Investors Business Daily speaks very strongly about admitting to yourself when a mistake has been made. He strongly recommends selling any stock that is 7-8% below it's buy price. Although I think that this is a very stringent giudeline, there is a lot of truth in taking small losses before they become very big losses. There is the possibility that the shorts are actually correct in their assessment of this stock. I now agree with them that this stock is going towards 5 dollars. I have no interest in investing long or short in CYBG, but I do find myself tracking the day to day price movement simply out of curiousity as to what will eventually happen to this stock. When exactly will CYBG become profitable?