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To: Perry M. who wrote (22525)8/19/1998 11:57:00 PM
From: bullmarket  Read Replies (2) | Respond to of 50264
 
I prefer to look at the situation this way:
shorts have had a chance to cover for a while now, since for almost 2 full months we have been basically sitting at this level. Now, all of a sudden, they are in a rush to cover, with very big orders at the end of the day. The only reason they would make such move is if they feel the stock is getting ready to go up. I can't wait to see what will happen, what it is that is causing such impressive "covering" in such a short period of time.